The Romanian Government on
\nWednesday passed bills stipulating the increase of pensions and child benefits.
\nWithout them, the budget for next year couldn’t have included the increases PSD,
\nPNL and UDRM pledged to implement in the governing program. Starting January 1,
\nfive million pensioners will receive an additional 10% to their pensions. The
\npension point will go up to some 320 Euro. Child benefits will also get an
\nincrease. Children up to 2 years old and those with disabilities will receive 120
\nEuro, while children up to 18 years of age will receive 50 Euro. According to
\nthe bills adopted on Wednesday, the government will also introduce the 13th
\nallowance for people with disabilities. <\/p>\n
<\/p>\n
<\/p>\n
Social-Democrat Labor Minister Marius Bud\u0103i
\nadmitted the measures will also trigger an increase in the purchasing power,
\nbut says it will offer protection considering the latest price hikes. The
\nincrease in the price for natural gas and electricity and other utilities and
\nproducts has boosted the inflation rate to nearly 8%. Analysts don’t rule out
\nthe possibility the inflation might exceed 9% next year. The Government is also
\nconsidering a third emergency decree for granting a special allowance to people
\nwith low pensions starting next month. The measure will address two and a half
\nmillion pensioners who will see their pensions increased to 440 Euro. Overall,
\nthe impact of the measures will be tantamount to 3.2 billion Euro. It is a
\nconsiderable strain on the 2022 budget, so there won’t be enough funds for
\nother salary increases in the public system. <\/p>\n
<\/p>\n
<\/p>\n
According to the emergency decree
\npublished by the Ministry of Finance, base salaries, military pays, allowances
\nand bonuses awarded to public sector employees will not be increased net year
\nso as to avoid putting additional strain on public spending. The highly
\ncontroversial special pensions will also be frozen, while special pensions
\nawarded to mayors will be awarded starting 2023. PSD leader, Marcel Ciolacu,
\nsays the decision was taken at the level of the ruling coalition. Ciolacu told
\na television station that the state has accrued considerable debt, equal to 50%
\nof GDP. In turn, PNL leader, Florin C\u00ee\u021bu, warned that the budget deficit should be kept
\nbelow 5.84% of the GDP, while investments should be maintained at 7%, in
\ncompliance with the governing program. (VP)<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Pensions and child benefits will go up starting January 1<\/p>\n","protected":false},"author":110,"featured_media":88534,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37738],"tags":[30079,34356,40413,36658],"coauthors":[],"class_list":["post-90609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-today-in-the-news","tag-budget-deficit","tag-child-benefits","tag-pensions-and-salaries","tag-social-measures"],"acf":[],"yoast_head":"\n