Culture’s Economic Impact: Monaco’s Commitment to Promoting and Preserving its Heritage

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Résumé:
Culture plays a significant role in Monaco’s economic appeal and growth, with an exceptional commitment to allocating a large portion of its budget to culture.

Histoire complète :
Monaco’s commitment to culture is highlighted as a key driver of its economic appeal and growth. At the Club Eco Monaco conference, held at MonacoTech on February 6, prominent figures from the cultural sector and Minister of Interior Lionel Beffre discussed the significant economic impact of culture on the Principality. Notably, Monaco allocates an impressive 4.65% of its budget to culture, in contrast to France. This commitment underscores the importance placed on promoting and preserving Monaco’s cultural heritage. By recognizing culture as a pillar of its economic strategy, Monaco continues to attract visitors and investment while nurturing its unique identity.

Source:
news.mc

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