Minister Reva: Draft 2017 national budget envisages raise in social standards

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Ukrinform
The draft state budget for 2017 foresees an increase in social standards by 10 percent, an increase in pension spending of the Pension Fund by UAH 11 billion, and an increase in salaries to employees of budgetary institutions by more than 20 percent.

Social Policy Minister Andriy Reva said this at a ministry’s meeting, an Ukrinform correspondent reports.

“The draft budget for the next year foresees a raise in social standards by 10.1%. Also, spending of the Pension Fund will be increased by UAH 11 billion and salaries to the employees of budgetary institutions will be raised by 20-30%,” said Reva.

He also added that the carrying out of social and economic reforms could be accelerated due to the current financial situation in Ukraine

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