Mikhail Stelmach

President of the National Bank of Ukraine Mikhail Stelmah during meeting of the Committee on Economic Reforms chaired by President of Ukraine, in Kiev, on Thursday, December 9, 2010. Opening the meeting, the President said that during the implementation of the reforms introduced in May this year, the Committee has done a great job in not only modernizing the national economy, but also other important areas of life of our country. The President thanked all those involved in the implementation of reforms. Speaking about the pension reform, the President said that he considered the situation, when Ukraine minimum pension is 740 UAH and the maximum is 60 thousand UAH unacceptable and unfair. "We must build an efficient and fair country. When it comes to pension reform, it is critically unfair that one pensioner’s pension is 740 UAH and the other’s is 60 thousand UAH,"he said. Photo by Mikhail Markiv / POOL / UNIAN