Revenues to Moldova's state social insurance budget to be supplemented by over 140 million lei

Chisinau, 15 October /MOLDPRES/- First rectification of the state social insurances budget was approved by the government at a today's meeting, with higher revenues by 141 million lei and expenses by 104 million against the initially approved level.

Labor, Social Protection and Family Minister Mircea Buga said that the budget revision had been dictated by its de facto execution, analysis of dynamics of beneficiaries’ contingents and social benefits’ average size, as well as by forecasts of macroeconomic indicators, elaborated by the Economics Ministry. Almost 100 million lei was calculated additionally to social insurances contributions, and budget transfers will increase by 40 million lei.

Expenses for social assistance benefits are to be increased by 143 million lei, especially payments for social assistance and expenses for cold season assistance. The increase in this spending is caused by the minimum guaranteed monthly income from 765 lei to 900 lei and rise in cold season assistance from 250 to 315 lei. These increases are proposed to mitigate “negative impact of potential increase in electricity and gas tariffs, as well as the impact of inflation," Buga said.

Another about 29,500 families are estimated to be included in the social assistance programme, to be provided social aid, additionally to the present 43,000 beneficiary families and about 130,000 families, that are to benefit from cold period assistance. i

(Reporter V. Bercu, editor M. Jantovan)