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Posted On

14
September
2022

Draft state budget for 2023: from Jan 1 minimum wage is UAH 6,700, cost of living is UAH 2,600

KYIV. Sept14 (Interfax-Ukraine) – The minimum wage in Ukraine from January 1, according to the draft state budget for 2023, will be UAH 6,700, the living wage – UAH 2,600.

According to the press service of the Ministry of Finance, despite the difficult conditions of martial law, the draft state budget-2023 maintains the level of social standards.

In particular, the minimum wage from January 1, 2023 will be UAH 6,700 per month, and the living wage per person a month will be UAH 2,589.

As reported, the government of Ukraine approved the draft state budget for 2023 with revenues of UAH 1.279 trillion and expenditures of UAH 2.573 trillion.

Almost 50% of the entire state budget for 2023 will be spent on the security and defense sector (UAH 1.136 trillion). Also, the draft state budget-2023 provides UAH 175.7 billion for healthcare, UAH 155 billion for education and UAH 6.8 billion for support of veterans.