Ukraine PM Sees $12 Billion Aid Lift as Pension Revamp Looms
- Hroisman says IMF transfers may top $4 billion this year
- Pension system is ‘very ill’ and needs fixing, premier says
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Ukraine’s prime minister sees the country receiving $12 billion of international aid this year and said his cabinet is gearing up to tackle the controversial issue of pension reform.
The figure includes more than $4 billion in transfers from the International Monetary Fund, as well as bilateral assistance from allies such as the U.S., Volodymyr Hroisman said Friday in an interview. Talks with the Washington-based fund, which is set to sign off this month on the third tranche of a $17.5 billion rescue, are turning to pensions, an issue he says will spark a battle with populist elements in parliament.