Albanian PM says wages, pension hikes remain top priority in 2013 budget.

By bne IntelliNews November 6, 2012
The Albanian government will continue to increase salaries and pensions in 2013, according to next years draft state budget planning, the cabinets press office quoted PM Sali Berisha as saying. The continuation of investments in improving the countrys infrastructure will also be a major goal, according to the cabinets fiscal plan. The government last increased pensions and the minimum monthly wage in July 2012. Pensions rose by 3.5% in cities and by 5% in villages, while the minimum monthly salary increased by ALL 1,000 to ALL 21,000 (EUR 150.3). The government is expected to draft the 2013 budget bill in coming days. It targets reducing the fiscal gap to 2% of GDP in 2013, down from projected 3% in 2012, according to the updated economic and fiscal program for the 2012-2015 period, published by the finance ministry in early September 2012.

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