Page 29 - UKRRptMar19

caused by traditional bonus payments at the year end. Meanwhile, the year-on-year growth of real wages was almost unchanged. We expect real wages to climb 9-10% y/y in 2019,” Evgeniya Akhtyrko of of Concorde Capital said in a note.
Ukrainian pensions will increase by 17-20% on March 1 – 30 days before the first round of the presidential elections. Pavel Rozenko, a vice prime minister, tells President Poroshenko’s Channel 5 TV that March 1 will now be the annual date for pension increases. Much of this year’s increase comes from $400mn in custom duties paid over the last 10 weeks by car owners regularizing 200,000 cars illegally imported from the EU. With the import duty amnesty to expire Friday, President Poroshenko said Monday that the state treasury has received 10 times more money than expected.
29 UKRAINE Country Report March 2019 www.intellinews.com