Breaking News
The employees of Swisscom can buy more holidays

Freeze of the salaries and pensions in Ukraine

Freeze of salaries and pensions for civil servants will bring to Ukraine the IMF aid package to the country amounting to 14 to 18 billion dollars, and increase the price of natural gas. The package, which will be granted to Ukraine for her rescue from bankruptcy, when Ukraine will take the measures requested by the International Monetary Fund, stated the head of the IMF mission in Kiev Nikolay Georgiev during interview formula. We hope to be done by the end of April, in what concerns the first installment, he added, explaining that this is not currently possible to determine the exact amount of the dose.

IMF-Ukraine

IMF-Ukraine

Among the measures required by the IMF cited as examples of the rising price of gas and the relaxation of the exchange rate, the necessary increase in assistance to the most vulnerable economic strata and the fight against corruption to lay the foundations for a sustainable development. On energy is no longer able to finance new deficits, said the head of the IMF mission in Kiev, referring to subsidize the price of natural gas, which is traditionally applied in Ukraine.

IMF-Ukraine

IMF-Ukraine

As regards pensions and salaries of civil servants, the government decided that it would cancel the planned increases. These are not cuts, is the cancellation of future increases, said Nikolay Georgiev adding that new social programs should be provided for the support of 30% of the Ukrainian population. The total financial assistance of the international community to Kiev the next two years will amount to 27 billion $.

By Nicole P.

Leave A Reply