Hroisman: Government intends to gradually monetize all benefits

The Cabinet of Ministers plans to gradually monetize all existing benefits, following an example of monetization of utility subsidies.

Censor.NET reports citing Interfax. 

The prime minister has stressed that monetization of subsidies is not an experiment, but a fundamental project the will be further implemented.

"Last year we made a register of subsidies... The second thing we made: from January 1, we started to monetize the subsidy payment for those who received it for the first time. This must not be stopped. We plan to monetize all the benefits," said Hroisman.

As reported, the monetization of subsidies for housing and utility services was launched in March 1, 2019. Almost 3.4 million households received monetized subsidies in March, the total amount of payments made up UAH 5.7 billion.

Read more: Hroisman: Gas price cut could trigger economic crisis in Ukraine

The state budget for 2019 envisages UAH 55 billion for subsidies, including UAH 12 billion for cash payments.