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Fall begins with increases in pensions and allowances. Today, the pension point increases 14% and allowances 20%. The budgetary impact of these increases is 13 billion lei, as well as the state of investments during the first seven months, analyst Iancu Guda explained to Digi24.
“We see an increase in additional fixed expenses, while revenues are very uncertain. With the left we assume fixed social expenses, and with the right we hope to have increasing income, which exposes the budget to very high risks.
Eight thousand five hundred million lei is the impact for the increase in pensions, under the conditions of the demographic projection that shows that the birth rate is negative, so the pension system will be increasingly difficult to sustain in the long run term.
The impact on the allocations is about four billion lei and something like that.
If we add them up, we are close to 13 billion lei. Bad luck, a bad luck figure from a budget perspective. All public investments made throughout the state so far in the first seven months amount to 13 billion lei.
Only the increase in pensions and benefits covers all investments made in the first seven months.
I am not very convinced that these subsidy mechanisms are the most effective in increasing the birth rate.
Other countries, such as France, Austria, Switzerland, have preferred to increase the allowances indirectly, reducing the income tax according to the number of children. So, on the one hand, you are laundering the economy, reducing contracts illegally, and in addition to bringing money into the family for the children, you are also reducing the shadow economy.
I think the bonuses could be increased through this mechanism ”, explained Iancu Guda to Digi24.
In Romania, according to the latest data from the National Pension House, there are almost 5 million pensioners who receive an average of 1,340 lei per month.
As of this fall, pensions are increased by 14 percent, which means an effort of almost 8.5 billion lei for the state budget.
The pension point increases by 177 lei, from 1,265 to 1,442 lei, and the guaranteed minimum pension also increases by 96 lei, from 704 to 800 lei.
Also today, in a first stage, allowances for children are increasing.
The 20% increase for the 3.6 million children means almost 4 billion lei for the state budget.
Children up to 2 years will receive 369 lei, which means an increase of 58 lei, while children and adolescents between 2 and 18 years old will receive 185 lei, that is, 29 lei more than how much I currently receive.
Edited by Georgiana Marina
