Next year minimum wage in Ukraine grows to UAH 3,723 [about USD 142] – draft state budget 2018

Next year, the minimum wage will grow from UAH 3,200 to UAH 3,723 [it’s about USD 142].

The minimum living wage per person will be UAH 1,700 from January 1, 2018, UAH 1,777 from July 1, and UAH 1,853 from December 1.

Such growth of social standards is stipulated in the draft Law of Ukraine "On the State Budget of Ukraine for 2018" that was published on the website of the Verkhovna Rada of Ukraine.

The draft law for the next year takes into account inflation at 7%. Thus, social standards will grow faster than inflation.

The Cabinet of Ministers registered in the Parliament the draft law on September 15, according to the budget legislation.

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