The authorities are discussing the size of the minimum wage for 2024, the Ministry of Economy proposes to increase by 14%. This was announced by the Federation of Trade Unions, referring to the first meeting of the joint working commission to prepare proposals for setting the minimum wage..

The Ministry of Economy has already provided the Ministry of Finance with data, according to which the subsistence minimum for able-bodied persons in April 2023 prices amounted to UAH 7,782.

In this regard, the proposals for 2024 are as follows:.

increase the minimum wage - UAH 7651 (now - UAH 6700);

increase the size of the official salary of an employee of the 1st tariff category of the unified tariff scale - UAH 3443 (now - UAH 2893).

At the moment, the Ministry of Finance is waiting for an updated macro forecast from the Ministry of Economy in order to calculate the necessary budget expenditures to ensure the proposed minimum wage. This information must be submitted by June 19.

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Recall that in 2023 there will be no revision of the minimum wage.. This, in particular, follows from the data of the State budget for the current year..

The last time the minimum wage in Ukraine was raised on October 1, 2022 - by 3% - up to UAH 6,700.