Tuesday, January 19, 2010

Does it Take Rs39 Billion to Create 7,000 Jobs?

What am I talking about?

Did you know that our economy created some 33,000 jobs the first time Sithanen was around as Finance Minister -- i.e. between September 1991 and December 1995? And that happened with Mauritius receiving about Rs1 billion of FDI over that 4.25-year period.

Now, given that we apparently received Rs40 billion over the last 4.5 years and that the economy created 40,000 jobs this means that the extra 7,000 jobs seemed to have been created with the additional Rs39 billion. That's a lot of billions for only 7,000 jobs if you ask me.


A_wandering_mind said...

Ill like to get one of those jobs...

Anonymous said...

combien de sa FDI from IRS ladan?
donc sithanen so FDI pas trop job pregnant?