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Moldovan government has approved the allocation of funds for new measures of social protection for some categories of the population.

Moldovan government has approved the allocation of funds for new measures of social protection for some categories of the population.

This is provided for by the draft amendments to the Law on the state social insurance budget for 2022, approved by the government at a meeting on Wednesday. In particular, the income and expenses of the state social insurances budget for 2022 will increase by 1.1 billion lei (+3.5%) - from 33 billion 042.3 million to 34 billion 197.9 million lei. The recalculation is based on the analysis of the execution of budget indicators in the first half of 2022 and the dynamics of the number of beneficiaries and the average amount of social payments. The draft law also takes into account a number of new measures which are planned to be implemented from October 1. Among them: granting one-off financial assistance of 1,500 lei to beneficiaries of pensions and social allowances, whose amount does not exceed 5,000 lei (+ 1 billion lei in expenses); setting a monthly allowance of 1,000 lei for children under 2 years old for both insured and uninsured parents (+76.3 million lei); increasing from 370 to 500 lei the monthly allowance for multiple pregnancies, etc. Under the draft law, the revenues chapter of the state social insurances budget will be adjusted by increasing the sum of special transfers from the state budget by 1 billion 092.5 million lei and reducing the transfers of general purpose by 232.2 million lei. Also, the amount of state social insurances paid by employers will increase (by 33 million lei) and the amount of penalties for late payment of contributions (by 30 million lei). At the same time, the expenses of the state social insurance budget will increase by 1 billion 324.6 million lei due to transfers from the state budget and reduction of self-financed expenses (-169 million lei). The draft law is to be approved by Moldova’s parliament. // 25.08.2022 - InfoMarket.

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