IMF: The end-of-year bonus is not a long-term solution - A fund is created in BSH to increase pensioners' income in the following years
A new system that will detect the non-declaration of employees' salaries and a fund for increasing pensioners' income is expected to be created soon. This became known during the discussions in the Committee for Economy and Finance.
The Chairman of the Commission, Eduard Shalsi, said that the International Monetary Fund does not see the increase of the year-end bonus as a solution.
"To quote the International Monetary Fund, with whom we had a meeting a little while ago, they said yes, it is not a sustainable bonus scheme, but it is not a long-term solution either, but they did not rule it out as a short-term solution, and for this we are conscious."
Next, an account is expected to be created at the Bank of Albania, which will be used to distribute additional income to pensioners.
"In addition to the normal or basic bonus, which we have been part of the budget programming for several years, which is 3.7 billion in the 2025 budget, we will create an account at the Bank of Albania, in which we will transfer funds created from the performance of good of the economy and the state budget of the year, which we will use as an element to supplement or increase the income of pensioners in the coming years" - said Mimoza Dhëmbi.
Regarding the fight against informality, Olta Manjani emphasized that it is not something that can be solved only with awareness campaigns.
"A system is being set up at the General Directorate of Taxes, in order to control and monitor this problem systematically. So, so that after a year or two years, we don't have to go out again for awareness campaigns about social contribution payments. This system is being created, which can detect in real time when social contribution payments are declared by identifying the sector where the private entity operates, what is the average salary of this sector, what are the salaries related to certain professions' - underlined the Deputy Minister .
The campaign against informality that will materialize through the establishment of this new system is expected to increase the number of contributors to the social security scheme.

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