Business news from Ukraine

CABINET OF MINISTERS OF UKRAINE PLANS TO LIMIT PAYMENTS TO MEMBERS OF SUPERVISORY BOARDS OF STATE-OWNED COMPANIES

29 June , 2022  

The Cabinet of Ministers intends to limit payments to members of supervisory councils and management of state-owned companies and state-owned banks to 15 minimum wages (MW) for the period of martial law, based on the size of the minimum wage set as of January 1, 2022 (15 MMW is equivalent to UAH 97.5 thousand), said the deputy head of the parliamentary committee on finance, tax and customs policy, Yaroslav Zheleznyak.
“The Cabinet of Ministers wants to limit payments to members of supervisory boards during the war. The corresponding draft decision was sent yesterday from the Ministry of Economy to the Cabinet of Ministers. It also concerns the management of state-owned companies,” Zheleznyak wrote on his Telegram channel on Tuesday.

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