Ukraine has promised the IMF to improve the situation of pensioners

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www.vsyako.netPhoto: Efrem Lukatsky / AP

Ukraine has promised the International monetary Fund (IMF) to improve the position of pensioners for the sake of preserving access to financial assistance. Reports about it “Strenia”

In the adopted government Memorandum indicates that the country is not going to reduce the retirement age or to introduce additional types of pensions and benefits. A possible increase in the retirement age, it is called “the incentive for longer work.”

Changes are also waiting for the General system of social assistance. All social programs will be put together in one database, tying payments to a certain “minimum income”.

Earlier, Prime Minister of Ukraine Denis Shmyhal said he expects the approval of the loan from the IMF for the country in the amount of five billion dollars at a meeting on 5 June. According to him, Kiev is ready to receive the first tranche on the following day, June 6. The volume of the package will amount to $ 1.9 billion. Smigel stressed that the Republic needed loans to overcome the crisis, which has resulted in an epidemic of coronavirus. In the second quarter the country’s GDP could fall by 12 percent.

Video, photo All from Russia.

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