In proclaimed Luhansk people's Republic retired law enforcement began to receive pensions in dollars. payments are made at the exchange rate of the dollar against the hryvnia 1: 21. About it As informs RIA " Novosti ", said at a press conference on Tuesday, the Minister of labour and social policy LNR Svetlana Malakhova.
Finance Minister LNR Eugene Manuilov added that he does not fully dollars in wages for may were also received by the health workers. The reason for the switch to payments in dollars, According to Manuilova, was the economic blockade of Donbass from Ukraine. Different products from Poland, Latvia and Western Ukraine go through Russian territory. With more than 80% of tax revenues come in rubles, some of them in dollars. As reported by the print edition OPINION, in mid-March, the authorities LNR has introduced a multi-currency settlement system. The head of the Council of Ministers LNR Gennady Tsepkalo March 10 signed a resolution " On the sequence of application of the official currency In all kinds of payments." The Council of Ministers also ordered cash center LNR " to provide daily reporting of business entities operating within the LPR, the LPR population about the official exchange rate of the Ukrainian hryvnia to the Russian ruble, the US dollar, the Euro ". In DND multi-currency system was launched on 25 March 2015. The Central Bank of the Donetsk national Republic has fixed the exchange rate to ruble at 1: 2. Similar measures were introduced and within proclaimed Luhansk people's Republic. As long as you do not have a " printing press ", this is an interim solution will allow the republics to reduce economic dependence on Kiev.