Saturday, October 31, 2015

In Ukraine, employees are fewer in number than pensioners

By Vladimir V. Sytin
The Ukrainian Times

The number of pensioners has exceeded the number of employees in Ukraine: 12 million as against 10 million in the first half of this year. By comparison, there were 13 million pensioners and 13.5 million employed workers in this country last year.

A pension fund’s budget deficit amounts to 81 billion grivnas today. One in five citizens of Ukraine seeks to emigrate and take up permanent residence abroad.

According to experts, this can be explained by the economic crisis, a civil war in the Donbas region with large Russian populations and lack of foreign investments. Investors are highly averse to the war and political uncertainty, and will keep away from the Ukraine’s neo-Nazi regime until the situation is improved.

No comments:

Post a Comment