Malaj: Thirty percent of the 2027 budget goes to social protection—from baby bonuses to pensioners and foster families

TIRANA, November 10 /ATSH/ – Minister of Finance Petrit Malaj stated today that, “The 2027 budget will hit a record 10 billion euros, focusing on citizen support and social protection.”

While presenting some of the key priorities of next year’s budget in a television interview, Malaj noted that, “The budget backs citizens by putting 30% of its total funding into social protection.”

“The draft budget also doubles the monthly pension bonus step-by-step over three years, hitting twice its current value by 2028. ‘Naturally, pensions are a cornerstone of this budget—we have set aside 250 million euros for 2027, mostly to fund pension indexation,’ Malaj noted.”

He also announced that allowances for children with disabilities will be doubled. Highlighting several high-impact policies, Malaj emphasized that doubling the disability allowances—a measure launched in July of this year—is set to continue over the next three years.

Minister Malaj announced that social and health insurance contributions will also be covered for caregivers of children with disabilities. We have committed to covering these contributions for those looking after children with disabilities. While this involves significant costs, the current budget makes it possible. He added that these periods will be counted as qualifying years of employment.

Furthermore, Minister Malaj noted that the government is introducing changes to the ‘baby bonus’ scheme.

“There will be a monthly payment for children aged zero to five. This payment is being doubled. We have a range of policies in place. Additionally, students from families in need will receive an extra monthly allowance—they will receive 25,000 lekë every month,” Malaj said.

/k.s/r.e/a.f/p.s./

 

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