PM Shmyhal says there will be no raise in retirement age / Photo from UNIAN
The new program aims to help Ukraine to cope with COVID-19 pandemic challenges.
Ukrainian Prime Minister Denys Shmyhal says the new program of cooperation between Ukraine and the International Monetary Fund (IMF) provides for no raise in the retirement age for Ukrainians.
"There are no such requirements. It is not known where this information came from, but there are no changes in the retirement age or other things related to pensions in the terms of the program," he told a Ukrainian TV channel on June 10.
According to Shmyhal, people "should feel the stability and confidence with regard to the government's monetary and financial policy, in particular, the national budget."
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The official stressed that the memorandum of cooperation with the IMF has no strict requirements for specific issues (for example, for increasing utility tariffs). However, it prescribes roadmaps required for Ukraine.
As UNIAN reported earlier, the Executive Board of the International Monetary Fund approved an 18-month Stand-by Arrangement for Ukraine, with access equivalent to SDR 3.6 billion (about US$5 billion, or 179% of quota). The new program aims to help Ukraine to cope with COVID-19 pandemic challenges.