Support The Moscow Times!

Cash Flows to Ukraine Voters

KIEV — Ukrainian President Viktor Yanukovych has announced $2 billion worth of pension increases and other handouts as his party prepares for tough parliamentary elections in October.

Together, the outlays will cost the state 16 billion hryvnas ($2 billion) this year alone, but Deputy Prime Minister Sergei Tigipko told Interfax that the finance ministry "has enough funds for this."

(Reuters)

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.