State will pay pensions and benefits on time in 2024: Prime Minister

Communications Department of the Secretariat of the CMU, posted 03 January 2024 13:24

On 1 January the minimum wage in Ukraine increased by 6% from UAH 6,700 to UAH 7,100. A further increase is planned for the spring. This was announced by Prime Minister Denys Shmyhal.

In addition, the subsistence minimum has risen by an average of 12% to UAH 2,920.

“The minimum pension in Ukraine has increased from UAH 2,093 to UAH 2,361. We plan to index pensions from 1 March. Last year the state demonstrated exemplary fulfilment of social obligations. In the structure of consolidated budget expenditures, social payments accounted for more than 12%,” the Head of Government noted.

The Prime Minister stressed that the social sphere would also be a priority this year. According to him, pensions and benefits will be paid on time.