"Perhaps with the creation of an emergency fund for the sector, where interest rates should be around zero percent given the very particular and exceptional situation of the business sector in Angola," said Ramiro Barreira, secretary general of the Association of Hotels and Resorts of Angola (AHRA).
According to the secretary, the covid-19 pandemic has affected the hotel sector to a large extent and the "operating capacity of hotels has fallen to 30 percent, which means that 70 percent of their capacity is currently not operating.
In addition, he noted, "the difficulties are enormous, (...) the hotels in the interior of the country are practically standing still, because the people who stay in the hotels are mainly people who went from one province to another," he said this Wednesday in statements to the press.
"And this picture naturally creates very big treasury problems. They are huge financial problems," he warned.
For the secretary general of the Hotels and Resorts Association of Angola, the scenario has "strong negative repercussions" for the sector, a situation that has led members to "urge the government to take into account some aspects related to the financial health of the sector".
These are issues, he said, such as the payment of taxes, social security, "delaying" and "eventually also some in the financial chapter that may help companies in the hotel sector to get out of the situation they are in".