The royal family of England does not seem to be stuck in a financial dilemma due to the COVID-19 pandemic.
Apparently, the taxpayers ‘covered’ the narrowness of the royal family, bearing the royal journey, including Prince Andrew’s favorite sport of golf.
In the disclosure of the financial report of Queen Elizabeth II, the Sovereign Grant paid the salaries of the royal officials and guardians of the palace for a total of £ 82.4 million ($ 105 million).
The amount is for the financial year ending March 2020, a slight increase from the previous year.
For the record, since the United Kingdom (UK) imposed a movement control order in March, royal finances have begun to show a decline following the loss of financial resources that the majority depend on public visits to the palace.
According to the treasurer of the queen of England, Michael Stevens, the main royal finances suffered a considerable loss, expected to reach £ 15 million over the next three years.
Meanwhile, for a separate estimate of Buckingham Palace's long-term maintenance costs, the queen's main residence in London will be reduced by £ 20 million.
In fact, according to the law, Sovereign Grants cannot be lowered year after year and Steven insists British taxpayers will not be asked to further reduce additional shortages as society loses income and jobs.
The royal family is trying to recover from the congestion experienced, freezing salaries and hiring new employees, including cutting trivial expenses.
