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Saturday, December 3, 2016

The Ukrainian Minister said the continuation of the impoverishment of the population

The head of the Ministry of social policy of Ukraine Andriy Reva said that the country has not yet passed the lowest point of fall. In his opinion, the situation will deteriorate until March-April 2017 regardless of who will be in the Cabinet.

photo: Natalia Gubernatorova

The corresponding statement the Minister made in an interview 112.ua. Earlier, Reva said that the pension Fund deficit of the country reached 145 billion (5.8 billion dollars). According to him, to solve this problem by the inclusion of the printing press will not work — the deficit will have to block infusions from the budget.

In mid-may, Bloomberg reported that for the first time in the last two years, the Ukrainian economy showed growth. In the first quarter of this year it amounted to one percent.

In turn, the international monetary Fund predicted the growth of the Ukrainian economy at the level of 1.5 percent, while the Ministry of economic development of the country is counting on two per cent.

In February 2016 Ukraine took fifth place in the ranking of the most miserable economies in the world. Experts expect the misery index the sum of inflation and unemployment. In Ukraine it amounted to 26.3%, Russia — 14.5% (14-e a place).

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