17:51 20.03.2017

Updated memo with IMF contains basic provisions of pension reform - Reva

The updated text of the memorandum with the International Monetary Fund (IMF) contains the main parameters of the pension reform planned in Ukraine, Ukrainian Minister of Social Policy Andriy Reva has told Interfax-Ukraine.

"When we were preparing the memorandum for signing, the main parameters [of the pension reform] were coordinated with the fund, with the Ministry of Finance, therefore the basic provisions have been agreed upon. They are contained in the memorandum," he said in Kyiv.

The minister noted in the matter of the pension reform the Cabinet of Ministers managed to convince the IMF of the correctness of its vision of the reform, which "happens quite rarely."

Reva said at present the Ministry of Social Policy is working on the pension reform, its working version has already been developed.

"We have a working option, but we are not discussing it as it will be further clarified and discussed in the government," Reva specified.

The minister added he supports the speedy adoption of this reform after the government submits it to the Verkhovna Rada.

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