The fiscal multiplier effect occurs when an initial injection into the economy causes a larger final increase in national income. www.economicshelp.org/blog/1948/economics/the-multiplier-effect/ Tejvan Pettinger November 2, 2011 economyAnother important aspect of why the government has really tried to develop the tourism sector as it helps create direct jobs and indirect. In 2016, Travel and Tourism directly supported 45,500 jobs (8.2% of total employment). This figure is expected to remain unchanged in 2017 and increase by 1.9% annually to reach 55,000 jobs (9.4% of total employment) in 2027. In 2016 Travel and tourism, including indirect jobs supported by the IWAS, represent 24.3% of total employment (135,000 jobs). This is expected to increase by 0.3% in 2017 to 135,500 jobs and by 1.7% annually to 161,000 jobs in 2027 (27.4% of the total). Direct jobs are jobs directly related to the tourism industry, such as working in hotels, tour guides, tour operators, while indirect jobs that are not associated with the industry, such as working in banks, transport companies and many others . (THE ECONOMIC IMPACT OF TRAVEL AND TOURISM MARCH 2017
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