Social Care and Retirement Funds Transferred in Time in Ukraine
OREANDA-NEWS. January 12, 2012. To provide for paying state social benefits, the 2012 State Budget Law of Ukraine has established subventions in favour of local budgets to assist families with children, needy families, disabled from childhood and disabled children, and temporary state aid for children amounting to 30.2 billion UAH, which 2.6 billion UAH exceeds last year allocation.
With this in view, the said subvention has been transferred in the amount of 2.3 billion UAH as of January 11, 2012, which is 89.9% of allocations scheduled for January 2012.
Also, in order to provide for paying pensions and allowances in accordance with the State Budget’s General Fund Monthly Schedule, expenditures of the Pension Fund’s budget programs for this year are funded in the amount of 3.9 billion UAH as of January 11, 2012. This figure is 88% of scheduled allocations for this January.
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