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Expenditures according to functions 2025, decrease for social protection and health

2024-11-07 07:34:00, Ekonomi CNA

Expenditures according to functions 2025, decrease for social protection and

Funds that finance government programs and functions from the budget year after year increase in nominal values, but some functions receive less or more funds in relation to the total expenses that are planned to be carried out during a year.

A table accompanying the 2025 draft budget shows that social protection functions, which are usually pension payments, economic assistance and unemployment, will next year account for 27.8% of total budget expenditures from the 29.3% expected this year. 

Health spending will account for 9.2% of total spending from 9.4% in the initial 2024 budget.

Also, general public services receive 6.9 percent of total expenditures from 7.5 percent this year.

The function with the largest increase in funding in relation to the size of the 2025 budget is "Economic issues that in 2025 receive 9.6% of total expenses from the 7.9% expected this year.

Funds for "Housing and community amenities" functions will account for 4.4% of total expenditures in 2025 from the 4% they account for this year.

Defense funding representing spending on the military will be funded at 4.5 percent of total spending, at the same levels as in 2024.

Spending on law and order comes with growth. They will account for 6% of general public spending next year from 5.6% this year.

The financial capacity of the government in the state budget has increased significantly over the last decade, but the benefits are not being distributed fairly to the citizens for better education, health and income services for the needy.

Next year, budget expenditures are planned to be 823 billion ALL (8.2 billion euros), a value that is 87 percent higher than in 2014, where the capacity to spend was 438 billion allek (3.5 billion euros) at the then exchange rate. . Calculated in euros, the public budget increased more than twice, but on the other hand, the health education sectors and the pension scheme are benefiting less and less from the increase in income.

The state budget, in addition to increasing in value, is being eased by public debt and pension scheme subsidies. 2024 was the third year in a row where the public debt, in addition to decreasing in relation to GDP, also decreased in value. The subsidy for the public scheme is also decreasing both in value and in relation to GDP in 2025 in relation to 6 years ago./ Monitor magazine





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