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  Politics 
22 of August, 14:57

Media: Ukraine makes a promise to the IMF to cut spending on public sector wages and pensions
In the framework of obligations to the international monetary Fund Ukraine in 2015 will establish a " ceiling " for the wages of public sector employees by level 10, 2% of GDP and expenditures of the Pension Fund will not exceed fifteen, 2%, reports citing documents in the order of publication.

according to the publication, it also assumes a reduction of public sector employees by 3%, in addition, the Cabinet plans to increase taxation of the privileged pensions and stop them from indexing.

Limitation of expenditure on the public sector provided for in the approved by the government of Ukraine the draft Letter of intent of the government and the National Bank to the International monetary Fund and in the project Memorandum, which Kyiv will be presented at the meeting of the Board of Directors of the IMF on August 29, informs Zn. Ua.

the Memorandum indicated that, given the weakened economy and the " unique nature " of military expenditure assumes a higher level of deficit sector of national control in 2014 (5, 8% of GDP)than was projected at the time of filing of the application for participation in the IMF program.

last month the IMF has lowered its forecast of a fall of Ukraine's GDP in 2014 from five to six and a half percent and, accordingly, the prospect of filling the state budget.


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Hamas has announced its desire to extend the truce with Israel

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Hamas has announced its desire to extend the truce with Israel

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