An elderly woman walks past a street vendor in central Kyiv on Dec. 15, 2020. According to the Economy Ministry, the increase of the minimum wage to Hr 5,000 ($180) stimulated consumer demand in Ukraine and drove economic growth in the fourth quarter of 2020.

Ukraine’s gross domestic product grew by 0.8% in the fourth quarter of 2020 compared to the third quarter, the Economy Ministry reported on Feb. 15. 

According to the ministry, the increase in the minimum wage to Hr 5,000 ($180) stimulated consumer demand in Ukraine and drove economic growth in October–December.

Source: www.kyivpost.com

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