Besimi: Supplementary budget comes after Russian invasion of Ukraine, which disrupted the markets in Europe
- Post By Silvana Kocovska
- 19:33, 14 June, 2022
Skopje, 14 June 2022 (MIA) - The proposed 2022 supplementary budget comes after the Russian invasion of Ukraine, which disrupted the markets in Europe that is our main trading partner, and was reflected in rising food and energy prices in our country, Finance Minister Fatmir Besimi told Sitel TV on Tuesday.
As a result, we started preparing a set of anti-crisis measures in March, Besimi said, adding that the supplementary budget is a response to those measures, it means adjusting the budget. Although, we had secured only 50 million euros, we proposed a package that was worth a lot more.
“Around 11 million euros were deducted from the Development Support Program, and returned to investments. Additional 2.4 billion denars is projected for the beneficiaries of the right to guaranteed minimum assistance, whereas 32 million euros are provided for agriculture and other measures," said Besimi.
According to Minister Besimi, measures are yet to be designed for the most vulnerable population groups, as well as for the economy.
“The supplementary budget includes changes in terms of the minimum wage, provides a five percent increase in salaries in health sector and police, seven percent rise for teachers in higher education, 15 percent increase in the judiciary and 15 percent rise in secondary education and kindergartens,” Besimi said, announcing another budget redesigning by the end of the year.