The Government of Ukraine expresses its readiness to assess macroeconomic indicators of economic development, it preserves as one of the topmost priorities a positive dynamic in GDP as the source for improving social standards and updating retirement payments. This was stated by Prime Minister of Ukraine Volodymyr Groysman during a meeting of the Government.
“It is crucial to prolong our work and to ensure the economic growth“, said the Prime Minister. As for now we will certainly adjust the GDP performance which is actually influences revenues of the State budget. Our objective is to compensate the reduction of the GDP through other measures. It is a challenge for both the Ministry of Finance of Ukraine and line ministers to address. The core priority for us is to trigger accelerated economic growth”.
The economic upturn will provide an opportunity to implement one of the essential objectives for the Government in 2017 – improved pensions for the Ukrainian citizens through the introduction of a large-scale and comprehensive reform of the pension system designed to cover the Pension Fund deficit. All in all, we need to draw a clear line in this issue, stressed the Prime Minister.
Apart from that, he counts on Parliament to support Government’s initiatives. “I promised we would increase the minimum wage- we have fulfilled it. These were initial steps. We are committed to prolong our work in this direction inter alia to upgrade wage and social standards for the people. Thus we can accumulate such resources when the economy is developing. Our joint task remains invariable - to restore order in the country and accelerate economic growth. This should remain out focus, summed up the Head of the Government.