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Groisman: Further economic growth will ensure improvement of social standards and retirement payments, says Volodymyr Groysman
22.03.2017 17:32 "Agro Perspectiva" (Kyiv) —
As of today, while speaking within a Cabinet meeting, Ukrainian Prime Minister Volodymyr Groisman said presently the Government
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 retirement payments’ updating, Government Portal reports.
«It is crucial to prolong our work and to ensure the economic growth. 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 an accelerated economic growth,» Groisman admitted.
As to him, the economic upturn will provide an opportunity to implement one of the essential objectives for the Government within 2017 — that is, 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.
As to Groisman, he counts on the Parliament to support the Government initiatives. «I promised we would boost the minimum wage — and so 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 must remain our goal,» Groisman summed up.
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