The Cabinet of Ministers of Ukraine has approved the budget of the Pension Fund of Ukraine for 2021, the press service of the Social Policy Ministry reports. “At a government’s meeting on February 17, the budget of the Pension Fund of Ukraine for 2021 was approved by a resolution of the Cabinet of Ministers,” reads…
Estonian pensioners have withdrawn more than 112 million euros from their second pillar pension fund since the new rules came into force on January 1. Money withdrawal from the second pillar is subject to a 20% income tax, but this drops to 10% for those over 60 this way discouraging younger people from taking the…
The Swiss Government has contributed 2.5 million Swiss francs to boost United Nations World Food Programme (WFP) of support to vulnerable Kyrgyz families hit hard by the impact of the COVID-19 pandemic. WFP will use the funds for cash assistance to 80,000 people who will work in community assets creation or skills training programs designed…
The International Monetary Fund has published a Concluding Statement following an official staff visit from January 25 to February 16. “The COVID-19 pandemic has had a marked, but so far relatively short-lived, adverse impact on Uzbekistan’s economy. Although the pandemic hit the economy hard in the first half of 2020 and inflicted considerable hardship, the…
Families with children are among social groups that have been impacted by Covid-19 the most. This is why they have been picked to become the first to receive the single-time unconditional benefit. However, Latvia’s government has no intention of stopping there – support is promised to other groups of society, said Latvia’s Prime Minister Krisjanis…
Uzbekistan’s foreign exchange reserves as of February 1 amounted to $34.3 billion, according to the updated data of the central bank. That is $500,000 more than at the beginning of the year. The decline has happened following a $700-million reduction in foreign currency. Meanwhile, Uzbekistan has managed to increase its gold reserves by 0.3 million…
Prime Minister of Kyrgyzstan Ulukbek Maripov criticized the working methods of the State Agency for Antimonopoly Regulation, the Information Support Department of the Cabinet’s Executive Office reported. The head of the Government held a meeting on food security issues. He noted that the task of government agencies was to provide the citizens with the main…