The IMF does not require raising the retirement age in Ukraine

The Ministry of Finance and the Fund have developed a model that did not involve raising the retirement age.

A Memorandum of cooperation with the International monetary Fund (IMF) does not include raising the retirement age. This was announced by Finance Minister Alexander danyluk at a press conference on Monday, February 6.

According to him, the Ministry together with the Fund has developed a model that did not involve raising the retirement age. A key element of the new model is experience.

“Raising the age is wrong and unfair,” he said.

While danyluk expressed confidence that the developed model will be supported by the Parliament.

The Minister also reported on the progress of negotiations with the IMF within the framework of the allocation of the fourth tranche. “We are already at the last stages, has already discussed the technical aspects to get the next tranche,” – said danyluk. He predicts that negotiations with the IMF can be completed before the end of the week.

Danilyuk noted that the resumption of cooperation with IMF is an important signal for foreign investors and partners that Ukraine is on the path of reform. “All tranches are planned for this year, should be obtained, since it is an important indicator of the reforms,” the Minister said.

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