Reva assures that increased pensions will not cause inflation

Reva assures that increased pensions will not cause inflation

Social Policy Minister of Ukraine Andriy Reva assures that the increase in pensions due to the pension reform should not lead to price rise and inflation.

He stated this while speaking during the Hour of Questions to the Government in the Parliament, an Ukrinform correspondent reports.

"The increase in pensions we have made is not inflationary. We did not print money, we did not borrow them from international financial institutions, we did not increase the subsidy from the state budget. These funds came from the economy, they are non-inflationary, and, therefore, it should not lead to price rise and inflation," Reva said.


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2019 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period: