The FINANCIAL — When speaking at a meeting with representatives of the Pension Fund, President Viktor Yuschenko has said that the Pension Fund deficit grew by UAH 2.9 billion in April to UAH 13.7 billion.
"In April deficit made almost UAH 3 billion," he said.
Yuschenko also stressed that that the gap between the Pension Fund budget revenues and expenses made UAH 6.7 billion in the first quarter.
As of early April, the balance of the Pension Fund accounts had reduced from UAH 3.5 billion to UAH 500 million.
Apart from that, Yuschenko stated that as of April 24 the Pension Fund had owed UAH 7.9 billion to the state budget.
The head of state pointed to the necessity of keeping the Pension Fund budget well-balanced and making necessary changes.
As Ukrainian News earlier reported, the revenues of the Pension Fund amounted to UAH 33.4 billion, its expenditures amounted to UAH 40 billion in the period of January-March 2009.
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