Cabinet to raise social standards, cancel taxes on pensions

Ukrainian Prime Minister Volodymyr Groysman while opening the government meeting on Wednesday said that these solutions require amendments to the law on 2016 State Budget.
Cabinet of Ministers of Ukraine intends to increase from May 1 social standards by 10% instead of 6% previously planned by Arseniy Yatsenyuk`s government, Groysman said.
The newly-appointed Government also mulls canceling taxation of pensions, said the prime minister.
He said that these solutions require changes to the law on Ukraine`s State Budget for 2016.

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