Moldovan cabinet approves draft state social insurances budget for 2016

Chisinau, 18 May /MOLDPRES/ - The cabinet today approved the draft state social insurances budget for 2016 with 14.94 billion lei in revenues, up by 11.3 per cent against the budget filled for 2015, and 14.97 million lei in spending.    

The transfers from the state budget to the state social insurances budget will amount to 4.73 billion lei, which is by 14.1 per cent more against the sum fulfilled in 2015. As much as 1.14 billion lei was provided to cover the insufficiency of one’s own revenues of the 2016 state social insurances budget.  

The spending of the state social insurances budget for the last years has been on continuous rise and this tendency is maintained in 2016 as well, the Labour Ministry, Social Protection and Family Ministry said. This year, the expenses are planned to increase by 11.2 per cent against the ones carried out for 2015.    

The draft sees maintaining the overall tariff of state social contribution in quantum of 29 per cent, of which the part paid by the employer will account for 23 per cent and the part paid by the employee – 6 per cent.

(Reporter V. Bercu, editor L. Alcaza)