简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:SHARE THIS ARTICLE ShareTweetPostEmail People wait in line to enter a supermarket in Grand Baie, Ma
The Mauritian Treasury said it has disbursed 10.6 billion rupees ($265 million) under its two employment assistance programs to companies and self-employed people affected by the Covid-19 pandemic.
From March 16 to the end of June, the Indian Island nation paid out 8.2 billion rupees of Wage Assistance Scheme funds to more than 268,000 workers at about 14,700 companies, the Finance Ministry said in a statement on Saturday. More than 197,000 self-employed Mauritians received 2.4 billion rupees in the same period.
The countrys economy is set to contract by 13% in 2020, the most in 40 years, according to Statistics Mauritius. Due to closed borders, the tourism industry, a key source of foreign currency, is forecast to shrink by 70% compared with a year earlier.
“The government has decided to maintain the Wage Assistance Scheme and the Self-Employed Assistance Scheme for workers in the tourism industry so long as the borders are shut,” the Treasury said. This month, support for the tourism sector could cost as much as 600 million rupees.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.