“The budget deficit of the Ukraine’s Pension Fund in relation to revenue for 2015 is not over 7.5%”, Chair of the Management Board Olexy Zarudny said during his briefing held at the Pension Fund, the PF’s press-office reports.
He is of the opinion that this issue has recently received some publicity in media. However, this correlation is not so drastic as compared to the figures in the previous years. For example, in 2010 the budget deficit in percent to revenue was 18.8%, in 2011 – 15%, in 2012 – 12.2%. The problem of the budget deficit run by the Fund is pending. This gap in the amount of 19 billion hryvnias is covered with the funds from the government ensuring that pension payments will be made in time and in full.
