The international monetary Fund (IMF) still analyzes the adopted by the Verkhovna Rada in early November, pension reform in the presence of incentives for later retirement and, accordingly, greater contributions to the Pension Fund. This was stated by the representative of IMF in Ukraine Jost Longman at a conference in Kiev, reports UNIAN.

“The IMF is still in the process of assessment reform. What we are concerned about is the need for incentives for people to retire later,” said Longman.

According to the representative of the Fund, for the completion of the fourth review of the cooperation program and receive the fifth tranche of Ukraine need to ensure compliance with the pension reform objectives of the cooperation.

The IMF believes that it needs to provide long-term financial sustainability of the Pension Fund, to adopt a law on privatization, to bring gas prices into line with import parity, to create anti-corruption court and to adopt the budget for 2018 with a deficit not exceeding 2.5% of GDP.

In March 2015, Ukraine and the IMF signed a Memorandum of economic and financial policies which the country should undertake in the framework of the EFF. The entire program provided Ukraine about $17 billion, of which already allocated $7.7 billion.

According to the forecasts of international rating Agency Fitch, the next tranche of the IMF $1.9 billion.

IMF: Ukraine needs incentives for later retirement 30.11.2017

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