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Will the minimum wage increase in 2025: the Ministry of Finance gave a clear answer

Will the minimum wage increase in 2025: the Ministry of Finance gave a clear answer

Should we expect an increase in the minimum wage in 2025/delo.ua

Against the background of a full-scale invasion, prices in Ukraine have risen significantly. However, should we expect that the minimum wage will increase next year?

The Minister of Finance of Ukraine, Serhiy Marchenko, announced that no increase in the minimum wage is expected in 2025. He announced this during a briefing on September 24.

This year, we increased the minimum wage by 19 percent to 8,000 hryvnias. We consider it possible to maintain this amount for the whole year next year,
– he noted.

Serhiy Marchenko talked about the future budget: watch the video

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In addition, the minister emphasized that the government currently does not have the opportunity to further increase social standards, which was agreed with international partners.

What the budget for 2025 provides year

Earlier this month, the Cabinet of Ministers approved the draft state budget for 2025. Revenues are planned at the level of two trillion hryvnias, and expenditures – 3.6 trillion. At the same time, 2.22 trillion hryvnias will be directed to the defense needs of the country.

Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

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