Denys Uliutin: People are ready to invest their funds in understandable financial savings instruments

People are ready to invest their funds in understandable financial savings instruments. This was emphasised by Minister of Social Policy, Family and Unity of Ukraine Denys Uliutin during the Kyiv International Economic Forum on 16 October.

The forum traditionally brought together representatives of the Government, business, international organisations, and the expert community to discuss strategic directions for the development of Ukraine’s economy.

“Individuals are ready to invest their funds in understandable financial savings instruments; the key is trust in the instrument,” said Minister of Social Policy, Family and Unity Denys Uliutin.

He emphasised that Ukraine’s financial system has demonstrated resilience even in difficult times, and the current task is to move from the survival stage to the development stage through investment.

In particular, he drew attention to the importance of creating understandable, transparent, and secure financial instruments for placing pension savings, as well as involving international partners and professional managers in their development.

“The success of any pension model depends not on the fact of savings itself, but on the instruments into which they are directed. Therefore, attracting foreign managers and developing new financial instruments – social, infrastructural, or others – is extremely important for sustainable economic development,” noted the Minister.

During the discussion, the head of the Ministry stressed that the Ministry of Social Policy, Family and Unity will actively participate in forming the financial resources for recovery, modernisation, and economic development, while ensuring the protection of citizens’ interests – the future recipients of pension payments.