President of Ukraine Petro Poroshenko signed Law “On Amendments to Law
of Ukraine “On the State Budget of Ukraine for 2015” that provides for the
increase of pensions, social standards and salaries of public sector employees.
“Our team has done everything possible to ensure this growth already on
September 1, albeit at a modest value of 13 to 18%,” the Head of State said
signing the Law at the session of the National Council of Reforms.
The President called this step the first result of real introduction of
reforms, for which the government has made everything possible. “In war
conditions we managed to avoid default, achieve macro-financial stability and
stabilize the banking system. Due to coordinated and efficient work, we managed
to find resources to increase salaries not on December 1, but on September 1,”
Petro Poroshenko emphasized.
He also added that the authorities managed to persuade the IMF, World
Bank and other partners that this is a sustainable income that provides revenues
for the state budget on a reliable basis.
The President commended harmonized work of the MPs who endorsed the
given Law. “I am proud of the Ukrainian Parliament, which managed to unite and
demonstrate the entire world its responsibility in difficult times,” he said.
The Head of State is confident that the implementation of reforms would
facilitate the improvement of economic situation. “We are doing our best to
restore economic growth. I am hopeful it will happen in 2016 and ensure further
increase of social standards,” Petro Poroshenko noted.
Law № 704-VIII “On Amendments to Law of Ukraine “On the State Budget of
Ukraine for 2015” was adopted by the Parliament on September 17, 2015.
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