Ambassadors of G7 countries urge Ukrainian parliament to adopt pension reform next week

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Ukrinform
Ambassadors of the G7 countries strongly support the pension reform proposed by the Ukrainian government and urge the Verkhovna Rada of Ukraine to adopt the corresponding legislation during its plenary session next week.

This is said in a statement made by the ambassadors of the G7 in support of the pension reform in Ukraine.

"We, the G7 Ambassadors, wish to express our strong support for the pension reform plan proposed by the Ukrainian government, and we call on the Rada to adopt the legislation without delay during its plenary session next week," the document reads.

The diplomats note that pension reform is one of the greatest challenges for any government, and they commend Ukraine’s leaders for undertaking this overdue reform with "political courage and vision."

According to the statement, hard-working Ukrainians contribute to the development of their country and they deserve to receive the security of a pension system that adequately rewards that work. At the same time, the country’s fiscal sustainability needs to be reinforced. "We believe the proposed reform strikes the right balance between these goals. It is now the responsibility of all the elected parliamentarians to ensure that this reform is approved and implemented, providing a better future for present and future generations of Ukraine," the ambassadors said.

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