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Minimum pensions to be raised in Kyrgyzstan

Kyrgyzstan Materials 19 September 2012 15:29 (UTC +04:00)
Minimum pensions will be raised by 10 per cent reaching 4200 soms in Kyrgyzstan. This was stated by Kyrgyz Deputy Minister of Finance Arzibek Kojoshev during his conversation with journalists in Narin on Wednesday, KirTAG reports
Minimum pensions to be raised in Kyrgyzstan

Minimum pensions will be raised by 10 per cent reaching 4200 soms in Kyrgyzstan. This was stated by Kyrgyz Deputy Minister of Finance Arzibek Kojoshev during his conversation with journalists in Narin on Wednesday, KirTAG reports.

The president and the government have set a goal to seek facilities to raise pensions by 10 per cent for those who receive the minimum pension deductions. In addition to that, it has been planned to raise the minimal subsistence wages to 4200 soms, Kojoshev reported.

He said the increase in pensions is planned for this autumn. The means it will be defined by optimisation of expenses and cuts of non-priority issues.

Previously, Kyrgyz Prime Minister Jantoro Satibaldiev stated during his meeting with the audience at the At-Bashi Centre in the Narin region on Tuesday that "the increase in pensions for citizens who receive the minimal pension deductions is planned from November 1."

He added the wages of civil servants such as ministers and heads of region administrations will be reduced at the same time.

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