Good news for elderly people of Moldova: pensions to increase in next spring

Pensions will be increased in Moldova in next spring, in the context of inflation’s decrease and improvement of the economic indicators. Prime Minister Alexandru Munteanu has made statements to this effect at the Good Evening show on Moldova 1. He specified that the indexation of pensions was estimated at approximately 6 per cent.

“The inflation rate has already fallen below 4 per cent, and the indexation of pensions will be around 6 per cent. This means we are talking about a real increase in incomes, not just one that covers price hikes,” the prime minister said.

According to him, the indexation of pensions will take place, as usual, in April, and the government will make an official announcement regarding the final percentage. At the same time, the authorities are considering possibility of additional support measures for vulnerable categories.

“We understand that it has not been easy for people in recent years. We have not managed to help everyone equally, but we have focused on the most vulnerable and we will continue to do so. We will also come up with other support measures where possible,” the prime minister added.

Munteanu acknowledged that the pension increase did not meet all expectations, but emphasized that it marks the beginning of a period of economic stabilization.

“I would have liked us to be able to offer more, but at least now we are talking about a real increase. After two years of very high inflation, we are starting to bring the system back into balance,” the prime minister noted.

In the same context, the prime minister informed that the government was also working on revising the salary law in the budgetary sector so that, in the near future, adjustments would be proposed to help balance the incomes of employees in the public system.