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The Minister of Finance, Anila Denaj spoke on Top Talk about the proposal of the Democratic Party, which promises a reduction of 18% of social security contributions and an increase in the minimum wage up to 360 thousand ALL.
Denaj said that she does not know where the money will be found for this as we are in a deficit scheme and this promise according to her is not a credible thesis.
Denaj: It is impossible to counteract this. First, to explain the question, when we talk about the social security scheme, it is a scheme which in 2013 when the socialist government, Prime Minister Rama took office was faced with some elements of the scheme, which in the subsequent reform clearly addressed the need to adhere to the basic contributory principle. However, although over the years, unable to present it, but let me give it in figures.
We are talking about a pension scheme, which today is supported by the state budget. The pension scheme is supported by the state budget in 2020 with a value of ALL 50.7 billion, while revenues from contributions are ALL 83 billion.
To all citizens I would say that if you have a pension scheme where the state contribution is 40% of all expenditures, I do not know how the government proposed by the opposition today will realize that the government proposed in the offer will enable support not only this scheme deficit. Then in a deficit scheme, how can you promise higher spending and reduced income? This widens the deficit and is not a plausible thesis, all the more so if you combine it with the whole. I honestly do not know where the money will be found.
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