Zelensky thanks businesses that keep Ukraine’s budget running

Zelensky thanks businesses that keep Ukraine’s budget running

Ukrinform
Pensions in Ukraine will be indexed by more than 12 percent, a move made possible in part by the work of Ukrainian businesses that continue to operate, pay taxes, and preserve and create jobs, enabling the state budget to function.

President Volodymyr Zelensky said this in his evening video address, according to Ukrinform.

“I am also grateful to every Ukrainian entrepreneur, all our companies, and the entire Ukrainian business sector operating in Ukraine, paying taxes in Ukraine, maintaining and creating jobs, and allowing the Ukrainian budget to function. Despite everything – the war, Russian strikes, and all these outages – Ukrainians cover at least half of state and community spending. It is extremely important that we have internal foundations of resilience, as well as our work with partners, which has provided Ukraine with unprecedented external funding throughout these years of war,” Zelensky said.

The President recalled that on Friday he discussed key social measures prepared by the government with Prime Minister Yuliia Svyrydenko.

“Ukraine will carry out the annual pension indexation, benefiting more than ten million of our citizens. Pensioners will see increases of over twelve percent. The funds for this are allocated; the indexation must take place immediately, in March. Despite all the challenges of full-scale war, we conduct this indexation every year. Since the first year of the invasion, no matter how difficult it may be, Ukraine has ensured pension indexation, all necessary social payments, and the stable operation of the state’s social and financial systems. In the context of a full-scale war, this is a very significant result. I am grateful to everyone helping Ukraine make it possible,” Zelensky stressed.

Read also: Zelensky: Regional plans prepared to upgrade protection of energy facilities

As previously reported by Ukrinform, the Executive Board of the International Monetary Fund has approved a new four-year Extended Fund Facility program for Ukraine totaling $8.1 billion.

Photo: Volodymyr Zelensky / Telegram

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