Vice Prime Minister of Ukraine Pavlo Rozenko met
with representatives of the IMF Mission, led by Head of the Mission Ron van Roden. The discussion was focused on
the comprehensive pension reform of Ukraine, overcoming the deficit and
balancing the budget of the Pension Fund.
The Vice Prime Minister of
Ukraine told about the steps taken by the Government during 2015 - early 2016
aimed at putting the pension system of Ukraine in order.
He reminded the members of the
Mission that last year the Government submitted to the Parliament a range of
bills that provide, among other things, the introduction of cumulative pension
provision and the removal of extra expenditures from the Pension Fund. "These measures and the
expected legalization of wages due to the reduction of a single social contribution
are those steps that can really give the effect of reducing the deficit of the
Pension Fund," he noted.
The parties agreed to jointly
develop a general strategy for reforming the pension system as soon as
possible, as well as to agree on immediate steps to be taken by the end of this
year aimed at restoration of order in the pension system and overcoming the
deficit of the Pension Fund.
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