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Poroshenko stands for increase of minimum wage up to 151 dollars
13:51, 4 December 2017
Poroshenko stands for increase of minimum wage up to 151 dollars

The current minimum wage is 117.7 dollars

13:51, 4 December 2017

Open source

Petro Poroshenko, the President of Ukraine stands for the increase of the minimum wage up to 151dollars in 2018. He claimed this at the forum of the united communities broadcasted by 112 Ukraine.

‘The decision implemented in the beginning of 2017 that increased the minimum wage from 58.9 dollars to 117.7 dollars is unexampled in Ukraine and it is the right decision, it should continue. I want to thank the government and the prime minister that there is a response for my appeal in the draft budget and we can decide to increase the minimum wage up to 151dollars on the basis of the improvement of the investment climate and income to the budget’, he noted.

Related: Minimal living wage in Ukraine increases to USD 65.25

The minimum wage is 117.7 dollars since January 1, 2017.

According to the State Statistics Service, the average wage increased up to 271 dollars in October 2017.

Related: New economic distortion: Why wages grow in Ukraine?

Also, according to the National Bank of Ukraine, the increase of the minimum wage influenced the dynamics of the inflation.

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