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The state budget for 2024 will be ALL 735.9 billion, which compared to this year has an increase of ALL 30.3 billion.
In the coming year, it is predicted that the income will reach the figure of 674.6 billion ALL, about 24.5 billion ALL more than in the current year.
For this forecast with an increase in income, the Ministry of Finance relies on expectations for economic growth, which is estimated at 3.8%.
Following the salary reform for the state sector with the aim of reaching an average salary of 900 euros, will be the focus of the budget for 2024, where 11 billion ALL will be spent on this reform.
About 7.8 billion ALL that will be allocated to retirees, which includes indexing and giving the bonus for the end of the year.
As far as the municipalities are concerned, the revenues are planned at 71.1 billion ALL, where 36.5 billion ALL is the value of the unconditional transfer that will go as support from the state budget to the local government.
128.5 billion ALL are planned for public investments, where 7 billion ALL are dedicated to the reconstruction process to cope with the consequences of the 2019 earthquake.
For 2024, the Ministry of Finance expects it to decrease to 59.5% of GDP from the 61.5% expected for this year. In value, it reached 1 trillion 454 billion and 516 million ALL, with an increase of 337 million ALL compared to this year.
The state budget for 2024 will be ALL 735.9 billion, which compared to this year has an increase of ALL 30.3 billion.
In the coming year, it is predicted that the income will reach the figure of 674.6 billion ALL, about 24.5 billion ALL more than in the current year.
For this forecast with an increase in income, the Ministry of Finance relies on expectations for economic growth, which is estimated at 3.8%.
Following the salary reform for the state sector with the aim of reaching an average salary of 900 euros, will be the focus of the budget for 2024, where 11 billion ALL will be spent on this reform.
About 7.8 billion ALL that will be allocated to retirees, which includes indexing and giving the bonus for the end of the year.
As far as the municipalities are concerned, the revenues are planned at 71.1 billion ALL, where 36.5 billion ALL is the value of the unconditional transfer that will go as support from the state budget to the local government.
128.5 billion ALL are planned for public investments, where 7 billion ALL are dedicated to the reconstruction process to cope with the consequences of the 2019 earthquake.
For 2024, the Ministry of Finance expects it to decrease to 59.5% of GDP from the 61.5% expected for this year. In value, it reached 1 trillion 454 billion and 516 million ALL, with an increase of 337 million ALL compared to this year.
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