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The numbers were presented by the vice president of the municipality.
The pandemic will have an impact of 200 million euros on the 2021 budget of the Lisbon City Council, distributed equally by expenses and income. The figures were advanced by the vice president of the municipality. According to João Paulo Saraiva, the allocation of 100 million expenses related to the pandemic can be reinforced through the reserve for contingencies, which will have allocated around 85 million.
In terms of spending, we are willing that, if we have a more intense and profound pandemic in its effects, longer, we will be able, through the contingency reserve, to reinforce these same credits ”. In addition to this contingency reserve, the Lisbon municipality (led by the PS) “will reserve some debt capacity to which it will resort if everything goes worse.”
In terms of collection, the municipal tourism tax will be the one with the greatest loss, with only 14.5 million registered for next year.
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