Act of state social security budget 2018 amended in Moldova

Chisinau, 07 June /MOLDPRES/ – The incomes and expenditures for the state social security budget for 2018 will be increased by MDL 26.5 million. The Parliament has made today changes to the State Social Security Budget Act for  2018.  

As a result of amendments, total revenues and expenditures of state social security budget for 2018 will amount MDL 19,339 million. The expenditures for social benefits will be increased by MDL 26.2 million and amount to MDL 18, 979.5 million.

Also, expenditures for activities funded from general resources of social security budget will increase by MDL 81 million, representing MDL 14,024.7 million. The expenditures for activities financed from transfers from state budget will decrease by MDL 54.5 million.

For social protection of elderly people, the expenses will increase by MDL 60 million. This will include increase in costs related to increase in average pension amount, two steps of revaluation of pension in 2018, and 0.1 percentage point increase in pension indexation coefficient compared to approved one.  

Related to social protection of people with disabilities, expenditures will increase by MDL 17.9 million.

(Reporter A. Zara, editor M. Jantovan)