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 Ukraine can not delay retirement age increase, - IMF

Ukraine can no longer postpone a comprehensive pension reform, including raising the retirement age.

Censor.NET reports citing UNIAN quoting International Monetary Fund's First Deputy Managing Director David Lipton as saying.

"Notwithstanding the large fiscal adjustment, public debt remains high. The urgency of structural fiscal reforms to ensure medium-term sustainability has increased, as pressures to raise wages and pensions are building," he said.

Lipton also noted sustained efforts are needed to improve revenue management and further a public administration reform.

Read more: No visible results reached despite launch of new anti-corruption institutions in Ukraine, IMF representative says

Earlier, Prime Minister of Ukraine Volodymyr Hroisman said he was ready to present a pension reform in the near future.
 
 
 
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