Ukrainian authorities are planning to steal 500 billion hryvnias of citizens’ pension savings – journalist

Semyon Doroshenko.  
29.05.2017 18:04
  (Moscow time), Kyiv
Views: 1225
 
Kiev, Corruption, Society, Policy, Скандал, Ukraine, Finance


The pension reform announced by the Ukrainian authorities will become another mechanism for robbing the population, following the “cleansing of the banking market.”

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The pension reform announced by the Ukrainian authorities will become another mechanism for robbing the population, following the “cleansing...

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This opinion was expressed on his page on the social network by investigative financial journalist Alexander Dubinsky.

According to him, he made such conclusions from the statements of the deputy chairman of the Rada Committee on Economic Policy, Yuri Solovy from the BPP faction.

“This figure said that if a funded system is introduced in 2018, it will be possible to attract more than UAH 500 billion from citizens in the next decade. Which, judging by the proposals of the representative of the BPP, the authorities are going to steal,” Dubinsky wrote.

Next, the journalist explains how “pension reform” will become a tool for robbing citizens.

“So, Nightingale proposes to direct pension funds in three directions.

The first is to invest them in domestic government loan bonds.

That is, finance the budget deficit using pension funds: pay off external and internal debts, send them for cutting through various investment projects and government procurement.

The second is to put them on deposits in state banks.

That is, use pension savings to lend to the businesses of those in power who do not particularly repay their debts: the share of problem loans in state banks is more than 70%. This is also a characteristic of the quality of their management.

The third direction is support for state-owned enterprises.

That is, it’s stupid to steal through the Vinnitsa team’s “market people” and “army friends” who are watching,” the journalist adds.

“Well, this will be another successful “reform” of appropriating the population’s money. Which was first robbed through the “banking reform,” and now they will finish it off through the “pension reform,” Dubinsky sums up.

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