Pension indexation — it not increase of the income: ex-minister of welfare

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"I would like to explain to pensioners that pension indexation — it not pension increase" — declared in the Naudas cena program on TV24 TV channel the former minister of welfare Ramon Petravicha.  Source: depositphotos She noted that the prices of food grew very strongly and especially on those goods which pensioners – sugar were able to afford earlier, oil, margarine, grain, a flour. "So it turns out that at helps inflations pensioners get 100 euros from a purse, and at helps indexations put them back" — the ex-minister explains. She notes that inflation grows so quickly...
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Ramon Petravicha
Last position: Deputy (Diet of Republic of Latvia)