Budget funds to finance the payment of pensions, allowances and increases to pensions under pension programs and the Pension Fund's deficit will total UAH 139.313 billion.
Vice Prime Minister of Ukraine Pavlo Rozenko says that Government plans to reduce the deficit of the Pension Fund by increasing its revenues, not by decreasing its expenses.
The main tasks and priorities of the Pension Fund of Ukraine for 2017 are to ensure sustainable financing of pension payments, prevent corruption and take further steps to legalize employment of the population, Chairman of the Pension Fund Oleksiy Zarudny said at a press conference on Thursday, Ukrinform reported.