In his first conference as Minister of Finance, Petrit Malaj announced the undertaking of a reform in the pension scheme, of which he said would provide higher pensions for senior citizens.
“We are also working with the Ministry of Economy, Culture and Innovation for the whole pension scheme, which is not in its best days, so we need a scheme that provides higher pensions for people”, said Petrit Malaj.
Another challenge for the new minister is the improvement of macroeconomic stability and the careful administration of the state budget and public debt. The head of finance spoke about the positive performance of the economy during this 7-month period, while emphasizing that a decrease in the debt level is expected.
“Until the end of the year, the debt level is expected to decrease by 0.7% compared to 2023, bringing it to the level of 58.2%. The focus is on the improvement of revenue collection, and the allocation of public investments in those sectors that have the greatest contribution to the economy. Budgetary expenditures will be directed and channeled to where there are social needs, without losing focus on investments in priority sectors,” added the minister.
A new package of economic aid is being discussed for this year in the Ministry of Finance, which, as the minister announced, will not only be for pensioners but for all categories in need.
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