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Parliament fast-tracks increase in social standards

Minimum wage will increase from 1,450 to 1,600 as of 1 December.

Parliament fast-tracks increase in social standards
Photo: StudioRN/Depositphotos

On 19 May, the Ukrainian parliament decided to increase social standards of 1 December, ahead of schedule.

According to bill No 4543, which was adopted as a whole by 248 MPs, as of December, minimum wage will increase from current 1450 to 1600 hryvnyas (instead of planned 1,550), living wage per person from current 1,399 to 1,544 hryvnyas (instead of planned 1,496).

The state budget revenues will be increased by 6.7bn hryvnyas up to 601.8bn hryvnyas, expenditures by 6.7bn hryvnyas to 674.5bn hryvnyas.

Last time the social standards were increased on 1 May.