Yes, the best of us good bonus schemes.

The Baby Bonus scheme, introduced in April 2001, helps families lighten the financial costs of raising children.

Questions were also asked about how the balance between FDI and local enterprises had been achieved in Mauritius and what specific government actions it required. One delegate questioned the feasibility of interest bonus schemes since they distorted markets.

Questions were also asked about how the balance between FDI and local enterprises had been achieved in Mauritius and what specific government actions it required. One delegate questioned the feasibility of interest bonus schemes since they distorted markets.

The bankers and traders of the latest crisis respondedrationally to compensation and bonus schemes that allowed them toassume a lot of leverage and ensured large bonuses, but that werealmost guaranteed to bankrupt a large number of financialinstitutions in the end.

The implementation of the proposed retention bonus will not result in zero turnover, as some staff will continue to leave the Tribunals for better and more stable career opportunities elsewhere, irrespective of the approval of the retention bonus scheme. It is, however, expected that the retention bonus option would bring about a reduction of 50 per cent in staff turnover rates.

The country has managed to diversify its productive sector to new areas through a range of incentives and support schemes for small and medium-sized enterprises (SMEs) the key elements of which are the following: low corporate tax; preferential loans to enterprises through the Development Bank of Mauritius; a reduced rate of interest and the possibility of introducing an interest bonus scheme for SMEs; grant schemes for potential entrepreneurs for feasibility studies; export support schemes to assist SMEs with regard to overseas fairs/marketing; a training refund of up to 70 per cent of expenditure; grants for R&D projects; reduced cost of international calls and the Internet after liberalization of the telecommunications sector; issuance of temporary work permits to overseas workers in selected sectors; setting up of a Textile Emergency Support Team (TEST) to help textiles enterprises improve in areas such as production, marketing, finance and strategic planning; streamlining of permits required for the launching of new enterprises; the Export Credit Guarantee Insurance Scheme to boost exports, particularly to difficult markets in the countries of the Southern African Development Community (SADC) and the Common Market for Eastern and Southern Africa (COMESA); and increased focus on SMEs with the creation in December 2003 of a ministry responsible for them.

The country has managed to diversify its productive sector to new areas through a range of incentives and support schemes for small and medium-sized enterprises (SMEs) the key elements of which are the following: low corporate tax; preferential loans to enterprises through the Development Bank of Mauritius; a reduced rate of interest and the possibility of introducing an interest bonus scheme for SMEs; grant schemes for potential entrepreneurs for feasibility studies; export support schemes to assist SMEs with regard to overseas fairs/marketing; a training refund of up to 70 per cent of expenditure; grants for R&D projects; reduced cost of international calls and the Internet after liberalization of the telecommunications sector; issuance of temporary work permits to overseas workers in selected sectors; setting up of a Textile Emergency Support Team (TEST) to help textiles enterprises improve in areas such as production, marketing, finance and strategic planning; streamlining of permits required for the launching of new enterprises; the Export Credit Guarantee Insurance Scheme to boost exports, particularly to difficult markets in the countries of the Southern African Development Community (SADC) and the Common Market for Eastern and Southern Africa (COMESA); and increased focus on SMEs with the creation in December 2003 of a ministry responsible for them.