Thursday, October 31
The Ministry of Finance has announced the main financial indicators for the 2024-2026 budgets.
Friday, September 1, 2023
The Ministry of Finance has published instructions for preparing budget requests for the next year. The document suggests setting the dollar exchange rate at UAH 41.4 to $1 for the 2024 state budget project. The financial department also gave a forecast for the dollar exchange rate for the next few years. In 2025, it is predicted to grow to UAH 44.5 per $1 and in 2026 to UAH 43.
In addition, inflation in Ukraine is expected to slow to 10.8%, and in two years to 5.8%.
At the same time, the average salary will grow by 6% in 2024, and the growth will be more dynamic in the following years.
In addition, the document proposes to include a minimum salary of more than UAH 7,000 in the 2024 state budget project. In a few years, the minimum wage will increase to UAH 9,000.
