Ukrainians can’t count on increases in wages and pensions
Given the current state of the economy in the country, Ukrainians cannot expect an increase in wages and pensions.
Former Minister of Economy of Ukraine Viktor Suslov stated this on air on the 112 Ukraine TV channel, a PolitNavigator correspondent reports.
“The Prime Minister is absolutely right when he says that the condition for increasing wages and pensions is economic growth. Of course, with the minimal growth that Ukraine has - 2-3 percent a year - one cannot count on a significant increase in wages and pensions. It is no coincidence that our gross product today is 30 percent lower than it was before the Maidan in 2013,” the expert noted.
He also recalled that the Ukrainian economy began its decline in 2014 after the change of government, noting that “Maidan sharply accelerated our crisis,” which ultimately led to a more than three-fold devaluation of the hryvnia, a sharp impoverishment of citizens and the loss of their savings and savings.
“Last year inflation was 14 percent, this year it will be about the same. Minor wage increases do not exceed the rate of inflation, with the exception of certain categories. Therefore, the situation remains difficult: the resource-based nature of the economy is intensifying, and the debt problem has worsened. The fact that these years after the Maidan Ukraine generally lives exclusively due to the accumulation of external debts also does not raise any doubts, so we are endlessly discussing whether there will be a tranche, there will be no tranche, and so on,” Suslov summed up.
We would like to remind you that PolitNavigator previously reported that inflation will “eat” a kilogram of cheese, which Groysman gave to the old people.
If you find an error, please select a piece of text and press Ctrl + Enter.
Thank you!
Now the editors are aware.