The Cabinet promises to index salaries and pensions in may

The Cabinet of Ministers of Ukraine promises to index salaries and pensions in Ukraine in may this year, as planned in the state budget for the current year. This was during the Hour of questions to the government, said Prime Minister of Ukraine Arseniy Yatsenyuk, UNIAN reports.

The growth of Ukraine’s economy resumed in the fourth quarter of 2015 — Yatsenyuk
Investors will not come to a country where the courts and law enforcement bodies are used for customized searches and excitation of criminal cases — Premier

«We will fight for that in Ukraine were paid salaries and pensions, paid social benefits. We paid them. We will fight for the business, which has been weakening due to our position on the halving of the basic tax — payroll tax, have received additional financial resources on the one hand, and on the other hand — brought the business out of the shadows and increased salaries for the citizens. We will fight for that, like last year, to increase salaries and pensions this year. And the first decision (to increase — ed.) wages and social standards will take place in may», — said Yatsenyuk.

The growth of Ukraine’s economy resumed in the fourth quarter of 2015 — Yatsenyuk

Prime Minister of Ukraine Arseniy Yatsenyuk said about the resumption of economic growth in Ukraine in the fourth quarter of 2015, reports «Interfax-Ukraine».

«Despite the fact that the country has lost a fifth of its economy, as a result of Russian military aggression lost the Crimea, part of the Donetsk and Lugansk regions, for the first time in the fourth quarter of last year the economic growth,» he said, speaking in Parliament at the «government Hour» on Friday.

At the same time, the Prime Minister did not specify a particular growth rate.

According to the state statistics service, Ukraine’s GDP in the third quarter of 2015 decreased by 7.2% compared with the same period of 2014, as compared to the second quarter of 2015, taking into account seasonal factors, it increased by 0.5%.

In the first quarter of 2015 the economy’s decline was 17.2% in the second – to 14.6%.

In the fourth quarter of 2014 Ukraine’s GDP, according to the statistical office, decreased by 14.8%, in the third – by 5.4%, in the second – 4.5%, in the first — by 1.2%.

In 2016 the government expects GDP growth of 2%, while the national Bank and 1.1% while inflation will slow down to 12% with an average annual forecast rate of hryvnia to the dollar 24,1 UAH/1 USD.

According to Ministry estimates, in the fourth quarter of 2015, GDP increased in comparison with the previous quarter by 0.2%. According to the MEDT, in General over the past year, Ukraine’s GDP fell by 10.4 percent after falling 17.2% in 2014.

Investors will not come to a country where the courts and law enforcement bodies are used for customized searches and excitation of criminal cases — Premier

Foreign direct investment in Ukraine is possible under condition of carrying out judicial reform and reform of the law enforcement system, which would make it impossible for custom searches and criminal cases, said during the hour of questions to the government in the Verkhovna Rada Prime Minister of Ukraine Arseniy Yatsenyuk.

«There is something that is beyond the competence of the government. The judicial and law enforcement system. If the law enforcement system will be used to conduct customized searches or to access custom business, no investor will come. If the courts remain corrupt, no, the investor will not come, — said Yatsenyuk. And because we have this year to complete judicial reform and to create the State Bureau of investigation and to give him the opportunity to work so that he did not scare investors, and pursued the criminals.»

At the same time, Yatsenyuk stressed that there are purely economic levers to attract investment. «We will be able to attract investment, if Ukraine will continue to be in the cooperation program with the International monetary Fund. So, we must continue to pass laws necessary for a specific plan of economic reforms, — said Yatsenyuk. — Second, if we accept the law and ensure the fair and transparent privatisation of strategic objects, and those that need to sell, because there the political appointees of the previous government or the new. Our task is to hold fair and transparent privatization».

According to Yatsenyuk, honest privatization should go in the near future at Odessa port plant.

Yatsenyuk also stressed that the investment will come in areas where there are conditions. «We recognize that there are areas where we have failed to fight corruption. In the first place — the State fiscal service. And that is why reform of the SFS and adoption of draft laws on reform of the SFS I am able to clean this enclave of corruption-customs and customs-the tax authorities, so we changed the administration system and relations to the Ukrainian business», — said Yatsenyuk.

He recalled that in this regard the Cabinet has been proposing to eliminate the tax police and create on its basis the Bureau of financial investigations.

Earlier, the Ministry of economic development and trade of Ukraine forecasted the volume of foreign direct investment in 2016 at least 5 billion.




The Cabinet promises to index salaries and pensions in may 05.02.2016

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