NewsWhore
12-10-2009, 04:50 PM
Although the holiday season in the DR starts in late November, the "official" start to the holiday season is the day the government disburses holiday bonuses. Today an estimated RD$6 billion will begin to circulate in Christmas wages paid by public institutions. This doesn't include the regular salaries that employees receive on the 15th, 25th and 30th of the month. In all, RD$50 billion in "extra" money will be in circulation. The private sector will pay out an estimated RD$21 billion, the public sector will pay out RD$12 billion, and the informal sector will generate RD$17 billion for a RD$50 billion total of extra funds. According to the National Treasury, 90% of all payments will be made electronically.
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More... (http://www.dr1.com/index.html#1)