11:50 17.05.2016

Pension Fund manages to take no loans from treasury single account in Jan-April 2016

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Pension Fund manages to take no loans from treasury single account in Jan-April 2016

Ukraine's Pension Fund in January through April 2016 managed to pay pensions without taking loans from treasury single account, while a year ago the fund borrowed over UAH 17 billion, Board Chairman of the Pension Fund Oleksiy Zarudny has said.

"All pension payments this year are under schedule without any delays… Compared to many other years now the payments are financed without borrowing from the treasury single account," he said at a press conference on Monday.

He said that the Pension Fund in January through April paid pensions and social aid to 12.2 million pensioners: UAH 71.4 million was spent on pensions.

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