Denys Shmyhal explained that the creation of a full capital market is a part of the introduction of a mandatory funded pension.
The Cabinet of Ministers returned to the idea of creating a full-fledged stock market in Ukraine, which would make it possible to carry out a pension reform in the country and introduce a funded pension as a mandatory contribution of citizens to pension funds. The Government portal reported this on Wednesday, June 7.
The Prime Minister of Ukraine Denys Shmygal held a meeting on the creation of a national mechanism for exchange trading in capital markets and organized commodity markets.
According to him, the creation of a full-fledged capital market in Ukraine is an important part of the introduction of a mandatory funded pension.
“There is already a signed memorandum with the American Chamber of Commerce and USAID. It is necessary to proceed with practical steps – the creation of the stock market infrastructure. The participation of international partners in this project will help to introduce the best experience and practice,” the head of the Ukrainian government added.
Recall that since March 1, pensions have been indexed in Ukraine by 19.7% for 10.5 million pensioners. According to the Pension Fund, the average pension in Ukraine should be UAH 5,219.69.
It was also reported that from April 1, pensions for working pensioners were transferred to Ukraine.
Source: korrespondent
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