Government estimates impact of 40 million in 2019 and 581 million euros in 2020 – The Economic Newspaper

Government estimates impact of 40 million in 2019 and 581 million euros in 2020 - The Economic Newspaper


The Ministry of Finance says that the budgetary impact of the decision taken yesterday in Parliament to retroactively count the 9-year, 4-month and 2-day teacher service time has an impact on the permanent expenditure of € 800 million per year on a cruise year .

"However, the financial impact of this decision will begin to feel already in a marked way in 2020," said the ministry guarded by Mário Centeno, in a statement released on Friday.

According to the statement, the cost in 2019 and 2020 of the anticipated advance yesterday by the 'negative coalition' of parties, "corresponds to an annual increase of expenditure of 240 million euros per year in cruise year."

The Government says that the diplomas approved by the Government anticipated a gradual recovery of this time, with an impact on the public accounts of 40 million euros in 2019 and 100 million euros in 2020.

"The anticipation of the accounting of this time to January 1, 2019 thus has an additional financial impact of 200 million euros in 2019 and 140 million euros in 2020," he says.

With regard to the overall cost of career thawing and time recovery, it estimates that by 2020 the increase in progression spending for all general government workers could reach EUR 1009 million.

"Of this total, 428 million euros correspond to the effect of the phase thawing of careers under the State Budget Law 2018," explains the Ministry of Finance. "This total adds 581 million euros associated with the decision of the HR, with 440 million euros corresponding to the recovery of 2 years, 9 months and 18 days, and 141 million associated with the recovery of a quarter of the rest time."

"These impacts do not deplete the existing pressure on personnel expenses, particularly through hiring and eventual salary increases," he concludes.



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