Year-End Bonus: Government and Private Sector Paid Rs 8.4 Billion

The private disbursed Rs 5.6 billion to pay the 13th month some 325 000 employees. While the state has paid Rs 2.8 billion for the bonus 85 000 people in the public, parastatal bodies and local authorities. Seniors and other recipients of social benefits are also affected by the year-end bonus.

Thus, Rs 8.4 billion circulating in the country for several days. Does it will cause inflationary pressures? "No," responds the economist Eric Ng Ping Cheun.

Next year, this figure could be even more substantial. Because of changes in the law will make allowances will also be affected by the bonus.