Poroshenko suggests increasing minimum salary

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President of Ukraine Petro Poroshenko considers it real to raise the minimum wage in Ukraine to Hr 4,100.

“Based on the results of improving the investment climate and budget revenues, we will be able to analyze the results of half a year or three quarters and take a decision to raise the minimum wage to Hr 4,100,” Poroshenko said at the second All-Ukrainian Forum of Merged Communities in Kyiv on Dec. 4.

The minimum wage in Ukraine is Hr 3,200 since Jan. 1.

The rate of the NBU is currently Hr 27.05 per U.S. dollar.

The minimum subsistence level for able-bodied people has been raised to Hr 1,762 since Dec. 1.

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