And, a key component of the financing is that it must have the widest trickle down effect on the economy - meaning that a percentage of the monies borrowed should go to paying wages of tourism workers - thereby giving the government relief in the COVID unemployment relief program. Goff explained:
Jules Vasquez, reporter
"Will there be a condition affixed that persons who received these loans should try and retain their staff?"
Natalie Goff, General Manager, DFC
"They will have to retain at least 30%. Now this was debated among the management staff because we thought 50%, because the more they retain, the less burden it will be on the state. However, at the same time we wanted to be as flexible as possible, so probably those who are able to retain more, maybe be looked at in a more favorable manner."
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