The Cabinet of Ministers approved the budget of the Pension Fund for 2019. This is reported by the press service of the Ministry of Social Policy, writes Ukrainska Pravda.
The total volume of the revenue part of the budget is set at 398.18 billion UAH, the expenditure part is 397.73 billion UAH. The balance of funds at the beginning of the year 2019 amounted to nearly 100 million hryvnias. Own revenues are stipulated in the amount of UAH 230.5 billion, the planned amount of provision from the state budget in the amount of UAH 167.5 billion.
The calculations were carried out at the expense of data on the number of pensioners taking into account the growth of the subsistence minimum. The expenditure part takes into account the indexation of pensions scheduled for March. The budget of the Pension Fund in the Ministry is called balanced.