Cabinet to raise social standards, cancel taxes on pensions

REUTERS

Cabinet of Ministers of Ukraine intends to increase from May 1 social standards by 10% instead of 6% previously planned by Arseniy Yatsenyuk’s government, Groysman said.

Read alsoPM Groysman confirms plans to raise gas tariffs Apr 27The newly-appointed Government also mulls canceling taxation of pensions, said the prime minister.

He said that these solutions require changes to the law on Ukraine’s State Budget for 2016.