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

8 years, 6 months ago - December 19, 2013
The account is good. The government and the private sector paid a total Rs 8.4 billion for the year-end bonus.

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.

 

We also recommend

Tags Cloud
2010accidentsadvertisingAfrAsiaafricaagalegaagroAir Franceair mauritiusAirlinesairportairway coffeeAlvaro SobrinhoamazonAmeenah Gurib-FakimAMLandroidApollo Bramwellappleappointmentsappsarrestasiaauditaudit reportaustraliaaviationawardsBABagatelleBAIBangladeshbankbanksbarclaysbeachbeachesBeau Bassin-Rose HillbetamaxBOIboko haramBollywoodBOMbombingbpmlBPOBramer BankbrazilbrexitbudgetBusinessCanadacanecareercareer tipscasinoCCIDCCMCEBcementChagosCHCchinaCIELcigarettesconferenceConfinementCongoconstructioncontestCoronaviruscorruptionCourtCourtscouvre-feuCOVID-19CPBCPEcreativitycrisiscruise shipsCSOCT PowerCultureCurepipecustomerscustomsCWAcyclonedamDawood RawatDBMdeficitdenguedevelopmentdoctorsDomaine les PaillesDPPdrug traffickingdrugsDTAADuty FreeearthquakeebolaecoécoleseconomyEducationEgyptelectionselectoral reformelectricityEmiratesEmtelenergyENLentrepreneurshipEUEuropeeventsexamexamsexpoexportfacebookfairfarmersfeeFIFA World CupfinancefinancesFirefishfishingFlacqFlic-en-FlacFloodsfoodFootballforecastforeign workersFrancefraudfruitsFSCfuelfunnyGAARgamblinggamesgasgazaGermanygooglegovernmentGRAgreengreen energyhackershajjhawkershealthhealthcareHeritage Cityhistoryholidayshorse racingHospitalhotelhotel businesshotelshow toHRHRDCHSBCHSCIBLICACICTICTAID cardillegal fishingIMFimportindiaIndian OceanIndonesiainflationinfrastructureinnovationsinsuranceinternetInterviewinterview tipsinvestmentinvestmentsiosiPadiphoneiraniraqIRSISISisraelITItalyjapanJin FeijobjobsjournalismKenyalandlawlawslayoffsleadershipLepeploanslocal governmentLockdownlotteryLRTLufthansaMadagascarmalaysiamalaysia airlinesmanagementmanagement tipsmanufacturingmarketmarketingmarketsMauBankMauritiansmauritiusMBCMCBMCCImeccaMedical CouncilmedicamentsmedicineMedPointmeetingMEFMESMetro ExpressMEXAMicrosoftMIDMIEmigrationminimum salaryminimum wageMITDmlMMMmoneymoney launderingmotivationmoviesMozambiqueMPAMPCMPCBMRAMSCMSMMTMTCMTPAMusicMV BenitaNandanee SoornackNarendra ModinatureNavin RamgoolamNavind KistnahNCBNDUnetworkingNew Mauritius HotelsNHDCNigeriaNobel Prizenorth koreaNTCNWCCofficialsoffshoreoilOlympic GamesOmnicaneorangeOUMPakistanpalestineparliamentPaul BérengerPhilippinesPhoenix Beveragespicture of the daypiracyplagePMPMOpmsdPNQpolicepoliticsportPort LouisPort-LouisPravind JugnauthPRBpricepricesproblemprostitutionprotestspsacPSCpsychologyPTRpublic servicequatre-bornesrainsRakesh Gooljauryratingsreal estatereformsrepo rateRESrestaurantsresultresultsReunionriceroadsRoches-Noires caseRodriguesRogersRose-HillRoshi BhadainRussiaSAJsalariessalarysalessamsungsaudi arabiasbmSCscamscandalscholarshipsSchoolschoolssciencesecuritySeychellessharksshootingshoppingshopping mallSICsicomsingaporeSITskillssmart citysmartphonesSMeSMEDASobrinho casesocial mediasocial networks & messengerssolar energysouthsouth africasouth koreasportSportsstartupsstatisticsstatsSTCstrategystreet vendorsstrikestudysuccesssugarSun Tan caseSunkai casesyriaTAtabletsTanzaniataxtax heaventaxesteaTECtechnologytelecomterrorismtextilethailandthefttime managementtipstourismtradingtrainingstransporttrendstunaTurfTurkeyTVtyphoonukukraineunemploymentunionsuniversityuomUSUTMvacanciesVacoas Popular Multipurpose Cooperative SocietyVacoas-Phoenixvarma casevegetablesVideo of the DayvisaVishnu LutchmeenaraidooWaterWaterparkWeatherWhitedot Casewi-fiWMAWorld BankXavier-Luc DuvalYEPzimbabwe