Rozenko has promised the rapid growth of social standards

Розенко пообещал быстрый рост соцстандартов

Pavlo Rozenko

In the Cabinet say that salaries and pensions will grow faster than inflation.

Vice Prime Minister of Ukraine Pavlo Rozenko said that one of the priorities of the Budget in 2018 – the growth of social standards at a higher rate than inflation. It is reported by Government portal.

“The main thing for us is to ensure that the level of social standards (primarily wages and pensions) grew more rapidly than inflation. This is our principled position, this is one of the priorities, including budget 2018″, – said Rozenko.

He reminded that in 2017 the growth of real wages by 20% ahead of inflation.

“Last year we had growth of real wages (this is minus the inflation rate) by about 20%. This is a huge figure. That is, in 2017, the wage growth at 20% ahead of inflation”, – said Vice Prime Minister.

He also noted that as a result of increasing the minimum wage to RS 3200 and increase the salaries of all categories of workers have increased incomes in the budget of the Pension Fund of Ukraine, which gave the possibility of unscheduled, on October 1, 2017, to carry out modernization of pensions.

“We will act in 2018: there is a projected budget parameters, has projected growth of social standards, but as soon as we see that the economy is growing more vigorously that we have an additional resource in the budget of the Pension Fund and the State budget, we, of course, these additional funds will immediately be spent to increase salaries and pensions”, – said Rozenko.

Recall that in 2018, according to analysts of Forex, in Ukraine is expected to decrease inflation.

Earlier, the Cabinet announced the reduction in the number of poor.