Further economic growth will ensure the improvement of social standards and retirement payments, says Volodymyr Groysman
23.03.2017 11:20 | Fin.Org.UA / Ukrainian Government
The
Government of Ukraine expresses its readiness to assess macroeconomic
indicators of economic development, it preserves as
one of the topmost priorities a positive dynamic in GDP as the source for
improving social standards and updating retirement payments. This was stated by
Prime Minister of Ukraine Volodymyr Groysman during a meeting of the
Government.
“It is
crucial to prolong our work and to ensure the economic growth“, said the Prime Minister.
As for now we will certainly adjust the GDP performance which is actually
influences revenues of the State budget. Our objective is to compensate the
reduction of the GDP through other measures. It is a challenge for both the
Ministry of Finance of Ukraine and line ministers to address. The core priority
for us is to trigger accelerated economic growth”.
The
economic upturn will provide an opportunity to implement one of the essential
objectives for the Government in 2017 – improved pensions for the Ukrainian
citizens through the introduction of a large-scale and comprehensive reform of
the pension system designed to cover the Pension Fund deficit. All in all, we
need to draw a clear line in this issue, stressed the Prime Minister.
Apart from
that, he counts on Parliament to support Government’s initiatives. “I promised
we would increase the minimum wage- we have fulfilled it. These were initial
steps. We are committed to prolong our work in this direction inter alia to
upgrade wage and social standards for the people. Thus we can accumulate such
resources when the economy is developing. Our joint task remains invariable -
to restore order in the country and accelerate economic growth. This should
remain out focus, summed up the Head of the Government.