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"We will modernize pensions for 5,620 million Ukrainian citizens... Our reform provides that from October 1, we will offer to abolish the taxation of pensions for working pensioners," he said.

Read alsoUkraine to raise pensions, subsistence minimum from May 1As UNIAN reported earlier, the state budget of Ukraine for 2017 lays out an increase in the subsistence level and minimum pensions twice during this year – from May 1, 2017, and from December 1, 2017.