Manjani said that the fresh pension rise is part of the Albanian government policies to ensure best social protection for the vulnerable social categories and to mitigate effects of the inflation in consumer prices.

“As part of its measures to protect social categories from the successive blows, the government has undertaken policies aimed at strengthening social protection and therefore the state budget spending has kept increasing. State pensions were indexed twice last year at a rate of 9.5%, with a financial effect of 5.4 billion lek,” the Deputy Finance Minister said.

According to Manjani, the government decision to  index pensions include all pension categories, partial and full pensions, invalidity payments, and the pensions from the state’s special aid fund etc.

According to her, the pension indexation makes up for the price increase during the period from August 2022 and August 2023.

Manjani said that in addition to the pension increase, the government will provide the end-year bonus of 5000 lek.

/u.sh/