A Total of 74.4 Billion UAH Was Allocated by Ukraine’s Pension Fund for July Payments

Funding of Pension Payments in Ukraine

According to Пенсії (RSS): As of July 24, 2023, pension disbursements in Ukraine reached a cumulative 74.4 billion UAH. Of that amount, 9.3 billion UAH was distributed via JSC Ukrposhta, while the remaining 65.1 billion UAH went through authorized banks.

Subsidies and Social Benefits

July also saw the provision of housing subsidies and discounts totaling 1.4 billion UAH. Insurance payouts amounted to 2.9 billion UAH, with 1.6 billion UAH allocated for sick leave. Social assistance and other benefits came to 11.0 billion UAH.

Overall, the Pension Fund of Ukraine delivered 1,131.0 thousand services to individuals during the month.

These figures reflect the continued social support for the population in Ukraine, a key focus given the country’s economic climate and its impact on citizens’ livelihoods. In particular, the funding of pensions and social benefits highlights the state’s efforts to maintain stability amid potential economic challenges. The Pension Fund of Ukraine serves as a crucial mechanism for delivering this assistance to millions of recipients.