“Wage increase in the middle of the year”, Minister of Economy: We will review pensions and the social support scheme

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The reform of salary increase in the public sector will be during the year 2024, said the Minister of Finance Ervin Mete, with the aim of aiming for an average salary of 900 euros.

In a press release, where he made the annual analysis of the Ministry of Finance, Mete explained that in the first month of the year, the decisions that specify for all categories, for general doctors, nurses and other health workers, teachers, will be finalized. in pre-university education, law enforcement, defense and employees of the enforcement levels of the administration.

“For all this, from the middle of 2024 there will be a high public sector, with the aim of reaching the average category of 900 Euros within the year. In total, the annual funding for the salary reform is calculated at nearly 40 billion ALL, or 400 million euros, and it is predicted that the increase will continue further, to work on its competitiveness and reach among the most competitive salaries in the region. We believe that this salary competition will increase the competition in work in work, encouraging also in the private sector”.

Meanwhile, there will be a revision in the pension scheme.

“We have started work with the support of the World Bank, to carry out an assessment of the pillars of social protection. Part of the evaluation analysis, as I emphasized earlier, will also be the pension scheme, with the aim not only of increasing its sustainability, but also for a fairer distribution of support for the categories of pensioners”.

The government intends to report economic growth at the end of this year.

“Our predictions are that the economy will continue to expand, supported by the increase in domestic demand, the further development of tourism, the good performance of the energy and construction sectors. The growth is expected to be at least at the levels of 2023, or even higher and balanced with the developments of the European economy.

This year’s budget, which has already started to be implemented, will further support economic growth, with 7 billion euros of planned public spending, while public debt is expected to drop below 60% for the first time since 2011.

This is an ambitious budget, which responds to the new stage of economic development, maintaining a high level of public investment, increasing the transfer to local government, financing the defense sector that reaches 2% of GDP for the first time. as a commitment to membership in NATO, further supporting the justice reform, as well as the components of social protection”.

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