Starting April 1, 2024, according to the Law “On the State Budget of Ukraine for 2024”, the minimum wage in Ukraine will increase to UAH 8 thousand. This will change the amount of certain employment-related payments, the amount of which is aligned with the minimum wage.
In particular, the maximum amount of compensation to employers will increase.
Thus, the amount of compensation for the employment of citizens who have been registered as unemployed for more than 1 month (people with disabilities, combatants and those who have no more than 5 years left before the right to an old-age pension) will now amount to UAH 8 thousand (1 minimum wage).
Compensation for the employment of young people among the registered unemployed (under 25 years of age – with less than 12 months of insurance experience; under 35 years of age – for the first job; discharged from military / alternative service – for the first job) will increase to UAH 4 thousand (50 percent of the minimum wage).
The compensation for employment of citizens who have been registered as unemployed for more than 1 month and have additional employment guarantees or have been registered for more than 6 months will increase to UAH 3,520 (double the minimum insurance premium, which is 22 percent of the minimum wage).
Compensation for the employment of internally displaced persons during martial law will amount to UAH 8 thousand (1 minimum wage) starting from April 1, 2024. At the same time, the compensation of employer’s expenses for labor remuneration of IDPs hired by the employment centers will increase to UAH 16 thousand (2 minimum wages).
The amount of partial unemployment benefits per employee or individual entrepreneur will also increase to UAH 4 thousand (50% of the minimum wage).
The maximum amount of remuneration for participation in public works will also increase and from April 1 will amount to UAH 12 thousand per month (1.5 times the minimum wage).
For reference: Since the beginning of 2024, 295 employers in the capital have used the compensation programs of the Kyiv SLC and received payments in the amount of over UAH 7 million.
compensation to employers, LAW, minimum wage, State Budget of Ukraine, WAGES
On the night of Sunday, March 31, Ukraine will switch to daylight saving time: at 3:00 a.m., the clock will be set one hour forward.
As reported, back in 2021, the Verkhovna Rada failed to pass a law abolishing seasonal time change, which proposes to fix winter time UTC +2 according to the international Coordinated Universal Time system in Ukraine.
MPs talked about the possibility of abolishing the government decree of May 13, 1996, on the procedure for calculating time in Ukraine, canceling the transition to daylight saving time, but the Cabinet of Ministers did not make a corresponding decision.
In January-February 2024, TAS Insurance Group (Kyiv) collected UAH 669.95 million in insurance payments, which is 37.7% more than in the same period last year, according to the insurer’s website.
Thus, CASCO sales increased by 22% to UAH 121.81 million in insurance premiums, which is 18.18% of the company’s fees in January-February.
MTPL accounted for 29.26% of the total volume, or UAH 196.04 million (+34.7%), Green Card – 26.34%, or UAH 176.43 million (+73.3%), VHI – 16.24%, or UAH 108.78 million (+22.2%).
Under property insurance contracts, TAS Group has raised UAH 16.7 million in insurance premiums over the past two months, which is 41.5% more than in January-February last year.
Under other insurance contracts, the company collected UAH 50.18 million in premiums during the reporting period (+30.9%).
As reported, in January-February 2024, the company paid UAH 308.81 million under the concluded insurance contracts, which is 57.9% more than the company’s indemnities for the same two months of the previous year.
TAS Insurance Group was registered in 1998. It is a universal company offering more than 80 types of insurance products in various types of voluntary and compulsory insurance. It has an extensive regional network of 28 regional directorates and branches.
Number of vacancies as of 01.12.2023 (thousand units) according to data of state employment center
Source: Open4Business.com.ua and experts.news
On March 23, the Islamic Cultural Center of the capital hosted a solemn Iftar in honor of the holy month of Ramadan and the Day of Pakistan. This event became a meeting place for Pakistani citizens living in Ukraine, as well as other distinguished guests.
The event began with a traditional prayer, after which the Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Pakistan, H.E. Major General (Retired) Nadir Khan delivered a speech in which he quoted the main points from the address to the Pakistani nation by the President of the Republic Asif Ali Zardari.
In his address, the President of Pakistan emphasized the importance of the historic “Pakistan Resolution” of 1940, which marked the beginning of the formation of an independent state. He recalled the tireless efforts and sacrifices of the ancestors for the sake of freedom and emphasized the importance of unity and joint efforts in overcoming current challenges such as inflation, unemployment and terrorism.
Emphasizing his commitment to democratic values and economic recovery, the President also called on citizens to unite for a future “full of peace, progress and stability.”
“Let us work for a Pakistan that is united around common values,” he emphasized, calling for a state where there are no differences but unity.
The Islamic Republic of Pakistan recognized Ukraine’s independence on December 31, 1991. On March 16, 1992, diplomatic relations between Ukraine and Pakistan were established. The Embassy of Pakistan has been operating in Kyiv since October 1997.
Photo source: https://www.facebook.com/UkrDiplomatic
On March 23, 2024, the Embassy of the Islamic Republic of Pakistan in Ukraine held a solemn ceremony of raising the national flag on the occasion of Pakistan Day.
Every year on March 23, Pakistanis celebrate the adoption of the Pakistan Resolution of 1940 by the All India Muslim League in Lahore on the creation of an independent state for Muslims.
Since then, the struggle for the creation of Pakistan intensified and only seven years after the adoption of the Pakistan Resolution on August 14, 1947, Pakistan emerged.
After the reading of the Holy Quran, the Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Pakistan, H.E. Major General (Retired) Nadir Khan raised the national flag during the performance of the national anthem of Pakistan.
Messages from the President of Pakistan Mr. Asif Ali Zardari, Prime Minister Mr. Shahbaz Sharif and Minister for Foreign Affairs of Pakistan Mr. Mohammad Ishaq Dar were also read out.
The ceremony concluded with a prayer for the well-being and prosperity of the people of Pakistan, the Muslim Ummah and humanity, as well as for the return of peace and prosperity to Ukraine.
The Islamic Republic of Pakistan recognized the independence of Ukraine on December 31, 1991. On March 16, 1992, diplomatic relations between Ukraine and Pakistan were established. The Embassy of Pakistan has been operating in Kyiv since October 1997.
Photo source: https://www.facebook.com/UkrDiplomatic
