Table 3.
The yearly financing need of MCT in the informal sector
| Type of UC/% and length of coverage (weeks) | Number of WRA working informally covered | Cost of MCT (US$) | Administrative cost (US$) | Total cost (US$) | % of GDP 2018 (nominal) | Cost per woman (US$) |
|---|---|---|---|---|---|---|
| 100% coverage | ||||||
| Minimum wage | ||||||
| 13 | 1,147,204 | 593,551,960 | 40,390,767 | 633,942,726 | 0.061 | 553 |
| 14 | 1,147,204 | 639,209,803 | 40,390,767 | 679,600,569 | 0.065 | 592 |
| 18 | 1,147,204 | 821,841,175 | 40,390,767 | 862,231,942 | 0.083 | 752 |
| 26 | 1,147,204 | 1,187,103,919 | 40,390,767 | 1,227,494,686 | 0.118 | 1070 |
| 2/3 minimum wage | ||||||
| 13 | 1,147,204 | 395,701,306 | 40,390,767 | 436,092,073 | 0.042 | 380 |
| 14 | 1,147,204 | 426,139,868 | 40,390,767 | 466,092,073 | 0.045 | 407 |
| 18 | 1,147,204 | 547,894,116 | 40,390,767 | 588,284,883 | 0.056 | 513 |
| 26 | 1,147,204 | 791,402,613 | 40,390,767 | 831,793,380 | 0.080 | 725 |
| PKH Cash transfer | ||||||
| 13 | 1,147,204 | 628,560,907 | 40,390,767 | 668,951,674 | 0.064 | 583 |
| 14 | 1,147,204 | 676,911,746 | 40,390,767 | 717,302,513 | 0.069 | 625 |
| 18 | 1,147,204 | 870,315,102 | 40,390,767 | 910,705,869 | 0.087 | 794 |
| 26 | 1,147,204 | 1,257,121,814 | 40,390,767 | 1,297,512,581 | 0.125 | 1131 |
| Poverty line | ||||||
| 13 | 1,147,204 | 134,298,323 | 40,390,767 | 174,689,090 | 0.017 | 152 |
| 14 | 1,147,204 | 144,628,964 | 40,390,767 | 185,019,731 | 0.018 | 161 |
| 18 | 1,147,204 | 185,951,525 | 40,390,767 | 226,342,292 | 0.022 | 197 |
| 26 | 1,147,204 | 268,596,647 | 40,390,767 | 308,987,414 | 0.030 | 269 |
| 21% coverage | ||||||
| Minimum wage | ||||||
| 13 | 240,913 | 124,645,912 | 8,482,061 | 133,127,973 | 0.013 | 553 |
| 14 | 240,913 | 134,234,059 | 8,482,061 | 142,716,120 | 0.014 | 592 |
| 18 | 240,913 | 172,586,647 | 8,482,061 | 181,068,708 | 0.017 | 752 |
| 26 | 240,913 | 249,291,823 | 8,482,061 | 257,773,884 | 0.025 | 1070 |
| 2/3 minimum wage | ||||||
| 13 | 240,913 | 83,097,274 | 8,482,061 | 91,579,335 | 0.009 | 380 |
| 14 | 240,913 | 89,489,372 | 8,482,061 | 97,971,433 | 0.009 | 407 |
| 18 | 240,913 | 115,057,764 | 8,482,061 | 123,539,826 | 0.012 | 513 |
| 26 | 240,913 | 166,194,549 | 8,482,061 | 174,676,610 | 0.017 | 725 |
| PKH Cash transfer | ||||||
| 13 | 240,913 | 131,997,790 | 8,482,061 | 140,479,852 | 0.013 | 583 |
| 14 | 240,913 | 142,151,467 | 8,482,061 | 150,633,528 | 0.014 | 625 |
| 18 | 240,913 | 182,766,171 | 8,482,061 | 191,248,233 | 0.018 | 794 |
| 26 | 240,913 | 263,995,581 | 8,482,061 | 272,477,642 | 0.026 | 1131 |
| Poverty line | ||||||
| 13 | 240,913 | 28,202,648 | 8,482,061 | 36,684,709 | 0.004 | 152 |
| 14 | 240,913 | 30,372,082 | 8,482,061 | 38,854,143 | 0.004 | 161 |
| 18 | 240,913 | 39,049,820 | 8,482,061 | 47,531,881 | 0.005 | 197 |
| 26 | 240,913 | 56,405,296 | 8,482,061 | 64,887,357 | 0.006 | 269 |
This table shows the costs calculation of financing MCT in informal sector per year