Ukrainian pensions will increase by 17-20% on March 1 – 30 days before the first round of the presidential elections.

Tuesday, February 19, 2019
Ukrainian pensions will increase by 17-20% on March 1 – 30 days before the first round of the presidential elections.

Ukrainian pensions will increase by 17-20% on March 1 – 30 days before the first round of the presidential elections. Pavel Rozenko, a vice prime minister, tells President Poroshenko’s Channel 5 TV that March 1 will now be the annual date for pension increases. Much of this year’s increase comes from $400 million in custom duties paid over the last 10 weeks by car owners regularizing 200,000 cars illegally imported from the EU. With the import duty amnesty to expire Friday, President Poroshenko said Monday that the state treasury has received 10 times more money than expected.

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