Zakharchenko ordered from April to commence pension payments in rubles

Ongoing pension payments in Russian rubles will start at Donetsk national Republic from April, the corresponding decree was signed by the head of the DNR Alexander Zakharchenko.
The pension Fund DNR decree Zakharchenko ordered "to start the regular payment of pensions to citizens having the right to pension and registered in the Pension Fund of the Donetsk national Republic "reports" Donetsk news Agency ". Pension will accrue and be paid in Accordance with applicable law DNR and subject to the provisions of the decree of Council of Ministers " On the part of the assignment (allocation) of pensions in the DNR during the transition period from 10 January 2015. According to the decree, " the Pensions are paid in rubles of the Russian Federation ", " above designated size on a fixed exchange rate of the Ukrainian hryvnia and the Russian ruble 1: 2 ". Responsibilities for payment and delivery of pensions vested in the Central Republic Bank and SOE Mail Donbass. The Ministry of information, Ministry of labour and social policy and the Pension Fund are required to explain the procedure for the payment of pensions. Yesterday it was claimed that the authorities of the DNI create the currency zone in DNR - decided to allow circulation only ruble and hryvnia. March 21st was declared that the self-proclaimed authorities of Donetsk national Republic has ordered all legal entities of the state to accept, except in hryvnias, us dollars, Russian rubles and euros. First it was announced that the multi-currency system in Donetsk people's Republic will launch on March 25. However, on 10 March, the head of the Council of Ministers of the people's Republic of Lugansk Gennady Tsepkalo signed a resolution " On the sequence of application of the official currency in the implementation of all types of payments, which includes the transition to a multi-currency system with fifteen of March. Multi-currency financial system of the country, as a rule, do not apply. Disadvantage of such a system not only in the loss of monetary autonomy, but also that it is much harder to keep control of the exchange rate stability and to prevent the circulation of counterfeit money sredstvenno DNR and LC was in such an exceptional situation when they have no other choice, in addition to how to solve the financial problems in this way. Emission hryvnia manages the national Bank of Ukraine, and its "printing press" new Russia no. For this reason, the introduction of a world currency, even against the backdrop of war, can really help DNR and LC. As long as you don't have your own printing press ", this interim solution will enable them to reduce their economic dependence on Kiev.


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sections: Politics