In October 2005, doctors, teachers, and other public sector employees will receive increased salaries according to the new tariff grid of salaries introduced on September 1. This was stated by Acting Minister of Finance Viktor Pynzenyk.
1.4 billion hryvnias (about 280 thousand dollars) are allocated in the budget for salary differentiation and, accordingly, for salary increases. A large portion of these funds is directed to local budgets.
According to the press service, the minimum wage will also be increased in October to 332 hryvnias (65.7 dollars).
Pynzenyk also noted that in September the first portion, 20% of the total amount, of payments to education sector employees will be transferred in accordance with Article 57 of the Law "On Education." The Minister of Finance signed an instruction to the State Treasury to finance the corresponding payments.