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Social Policy minister suggests raising minimum wage to $191 in 2019

The state budget for 2018 provides for raising the minimum wage to UAH 3,723.
16:23, 20 April 2018

korrespondent.net

The Minister of Social Policy of Ukraine Andriy Reva says the institution considers it necessary to raise the minimum wage in Ukraine to UAH 4,200 ($160) in 2018 and to UAH 5,000 ($191) in 2019. Also, the ministry’s priority projects include agreeing on a bill on pension rise for military servicemen, drafting an employment legislature, and passing a bill on social services, the press service of the ministry said, UNIAN reports.

Related: State Statistics Service of Ukraine reveals citizens’ monthly wages

Among the most crucial tasks are the adoption of bills on social security tax, on targeted social assistance, as well as the introduction of a reform on services for the disabled.

“The completion of the tasks would allow for a quality change of Ukraine’s social service system, in practice ensuring the principle of justice and putting rights of every individual first,” the press service wrote in a statement.

As reported earlier, the minimum wage in Ukraine was raised from UAH 3,200 ($122) to UAH 3,724 ($142), beginning on 1 January 2018. In December 2017, the President of Ukraine Petro Poroshenko announced the initiative to raise the minimum wage to UAH 4,100 ($156) in 2018. The state budget for 2018 provides for raising the minimum wage to UAH 3,723.

Related: Real wages in Ukraine grow by 19% in 2017

At the same time, according to the law on the state budget, the Cabinet of Ministers of Ukraine based on monitoring the implementation of the State Budget of Ukraine for the first quarter of the current year shall consider the possibility of raising the minimum wage, setting it at UAH 4,200 monthly from the second quarter of 2018.”

The Deputy Prime Minister Pavlo Rozenko says the government will consider whether or not to raise the minimum wage to UAH 4,100, once the economic results of the first quarter are published and analyzed.

 

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