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 If pension system not reformed, future generations of pensioners to be poorer than today's, - World Bank's Ukraine director Kahkonen

The pension reform is sorely needed in Ukraine.

Satu Kahkonen, country director for Belarus, Moldova, and Ukraine at the World Bank, said in an interview with Emerging Europe, Censor.NET reports.

The volume of the reforms implemented in Ukraine over recent years is significant, Kahkonen said.

"There's a perception that very little, in terms of reforms, has happened in Ukraine in the past three years. However, if you look at the record, in fact, the government in Ukraine has introduced more reforms, in the past three years, than governments from the past 15 years. There is a move towards change here. Things have already started moving, and in the right direction, but more has to be done in order to reach the potential," the WB director for Ukraine said.

Read more: World Bank keeps its forecasts for Ukraine's economy unchanged: 1 percent growth in 2016, 2 percent in 2017, - Reuters

Kahkonen said several sectors in Ukraine are in desperate need of the reforms, the pension sector in the first place.

"Then there is pension reform, which is sorely needed. If the pension system is not reformed, the future generations of pensioners are going to be even poorer than pensioners are today," she said.

In addition, agriculture, land market, healthcare and education also must be reformed.

"Health is a major issue in Ukraine. Life expectancy in Ukraine is over ten years lower than in rest of Europe, which is unacceptable. Additionally, the people are very unhappy with healthcare services. The surveys show that only 10 per cent of the population is happy with the country's healthcare services, so this reform is something that is greatly needed," Kahkonen said.Источник: https://en.censor.net.ua/n431407
 
 
 
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