President of Ukraine

We must use the funds from customs clearance of cars on European number plates to index pensions - President

11 February 2019 - 17:51

We must use the funds from customs clearance of cars on European number plates to index pensions - President

President Petro Poroshenko called on car owners with foreign registration to take advantage of the last days of the grace period for the legalization of these vehicles. This will not only fill the budget of the Pension Fund directly, but also allow the indexation of pensions, the Head of State emphasized.

"Why is it so important for me as for the President? Because it is about replenishment of the Pension Fund. 5 billion hryvnias have already been received by the Pension Fund," the President emphasized in a meeting on the results of the law that allows the legalization of cars with European numbers imported in violation of customs and tax legislation.

Petro Poroshenko noted that there were actually 11 days left until the end of the grace period for customs clearance of such cars. "Now the pace is good," he added.

The President noted that the given indicator was much higher than what the experts had predicted when planning budget revenues. According to him, specialists "were much more cautious and pessimistic in calculations of budget indicators".

"This allows us to resolve the issue of indexation of pensions that were not indexed in 2015-2016 due to circumstances - military and budget ones," the Head of State stressed.

Petro Poroshenko appealed to the Prime Minister of Ukraine and the Head of the Pension Fund to make suggestions on indexation based on the available indicators. “So that we prepare positions on the protection of those who have been affected the most - pensioners who receive a minimum pension. In order to find an opportunity to use the funds received from customs clearance of cars, to solve this acute and painful social problem," the President also emphasized.

The Head of State also noted that the issue of "doubling" of fines must be regulated, as well as the reduction of the number of certificates required during such registration.

He also drew attention to the issues of terminals where these cars should stay at the time of registration, noting the opportunity to stay at these state terminals free of charge.