“The venture comes from the necessity to assist the financial system, which is missing in liquidity,” says economist Pepe Rafaj, who’s behind the concept of ​​making a particular covid-19 foreign money through the nation’s quarantine in March 2020. .

With the assistance of the “present” program – a mix of the phrases “coronavirus” and “foreign money” – the folks of Kyjov will obtain cash to spend in native outlets, eating places or cinemas.

Beneath a pilot program, 2,000 volunteers will obtain 400 currents – the equal of 400 Czech crowns (15 euros) – to spend on shops taking part in this system.

At every buy, prospects pay half the quantity in currents and half in crowns.

“Each citizen can have his digital pockets. The dealer will use an internet site to enter the citizen’s code and deduct the quantity within the currents “, particulars Pepe Rafaj.

The purpose of this system is to get folks to spend cash and enhance the revenue of native retailers, and thus the tax income of the state.

Worldwide shops aren’t coated in this system.

A non-public donor contributed 800,000 crowns to the take a look at, however in keeping with Pepe Rafaj, the venture could possibly be funded – sooner or later – by the state or European funds.

Kyiv’s deputy mayor, Daniel Cmelik, welcomed the venture, which he mentioned “targets native companies and in addition helps native entrepreneurs and residents.”

In line with Pepe Rafaj, the launch of the venture – scheduled for January 11 – must be postponed as a result of most outlets, eating places and cinemas have closed – the third time because the starting of the covid-19 epidemic.

“We had to surrender on January eleventh. However we’re prepared to start out in two days from the reopening “, he assures.