You're reading: Revenues to Pension Fund of Ukraine 59 percent up in two months of 2019

Revenues to the budget of the Pension Fund of Ukraine from all the sources of funding in January-February 2019 amounted to Hr 64.4 billion, which is 59 percent more than income for the same period in 2018.

According to the fund’s website, its own revenues grew by 23.3 percent, to Hr 35.4 billion, while funding from the national budget jumped by 2.5 times from Hr 11.7 billion to Hr 29 billion.

According to the fund, its total spending on pensions and other payments for the specified period increased by 20.5 percent, to Hr 62.9 billion from Hr 52.2 billion.

This allowed the fund in January-February of this year to repay the loans received from the treasury account for Hr 17 billion with the volume of their raising in this period being Hr 15.5 billion, whereas in January-February 2018 the repayment volume was the only Hr 6.8 billion with the volume of attracting being Hr 16.9 billion.