Gov't mulls minimum wage raise in Ukraine

After the adoption of the bill on pension reform, the Ukrainian Cabinet of Ministers proposes to raise the minimum wage to UAH 3,764 (approximately US $145), Minister of Social Policy Andriy Reva said during a Government Q&A in the Verkhovna Rada on Friday.

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"We propose to fix the situation - to carry out a modernization on a single salary principle, that is, to stop playing with a coefficient and return to a single principle – an increase of wages,” Reva said.

Read alsoRozenko says funded pension system may start in Jan 2019“Only this allows working people to live a better life and receive additional funds without artificial coefficients to increase pensions,” the minister added.

The official said that the first step after the Parliaments votes for reform will be to raise the basic wage to UAH 3,764 this year."

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