A targeted, pragmatic and scalable 75 M € stimulus plan

This morning, the Minister of State SEM Pierre Dartout, surrounded by Government Councilors Didier Gamerdinger and Jean Castellini, unveiled to the press the economic recovery plan drawn up by the Princely Government, in consultation with the National Council and the social partners.
"This 75 M € envelope, submitted to the vote of the National Council, will allow an ambitious and realistic recovery plan, in a context of vigilance and mobilization where the Government must strike a balance between health constraints and recovery measures" declared the Minister of State.
This recovery plan is based on four axes:
- The “National Green Fund” is intended to accelerate the energy transition desired by HSH the Sovereign Prince.
- The “Blue Fund” intended to help Monegasque companies in their digital transformation and to create a digital economy in Monaco.
- The “White Fund” intended to support building and construction activity in the Principality.
- The “Red and White Fund” intended to support local commerce and purchasing power in the Principality.
Other strong social and economic measures include the extension of the CTTR and the partial exemption from employer contributions until October, the extension of remote work until December and the maintenance of the CARE system until December. .