Business

There is no agreement on payment of second Christmas bonus

The pay of a second Christmas bonus proposed by the Government is still contested by the private sector and also by the main trade union in Bolivia. The Morales Administration confirmed that the Christmas bonus should go ahead because the economy will grow 4.61%. However, the private sector represented by the Confederación de Empresarios Privados de Bolivia (CEPB), rejected the initiative arguing that it will put the economy and jobs at risk. Meanwhile, the main trade union (COB) rejected all the government proposals to comply with the payment of the bonus and demanded its cancellation before 20 December.

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Source: Página Siete

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Source: El Deber 

Categories:Business, Economy, Politics