Finance Minister Marchenko ruled out cuts in social spending

Finance Minister Marchenko ruled out cuts in social spending

Despite Russia's war against Ukraine, the country will not cut social spending. Payments of pensions and benefits are a priority. This was announced by Minister of Finance Serhiy Marchenko at a telethon.

 

"I do not foresee any delays and cuts in social spending. Usually it is necessary to strengthen the targeting of these expenditures, verification, so that it would be fair - those who have support from the state to receive it, but not to abuse it," he said.

 

According to him, expenditures of the social block are a priority, as well as military expenditures. He added that 100% will be provided for expenditures related to pensions, social protection, education, health care.

 

"These expenditures are a priority and must be provided in full," he stressed.





Despite Russia's war against Ukraine, the country will not cut social spending. Payments of pensions and benefits are a priority. This was announced by Minister of Finance Serhiy Marchenko at a telethon.

 

"I do not foresee any delays and cuts in social spending. Usually it is necessary to strengthen the targeting of these expenditures, verification, so that it would be fair - those who have support from the state to receive it, but not to abuse it," he said.

 

According to him, expenditures of the social block are a priority, as well as military expenditures. He added that 100% will be provided for expenditures related to pensions, social protection, education, health care.

 

"These expenditures are a priority and must be provided in full," he stressed.