The Government means to raise social outlays to the population, Prime Minister Viktor Yanukovych said at a session of the Cabinet of Ministers on Thursday," Cabinet press office" reported.

"It will be good changes; they will change the life of people. And the level of outlays will be even higher that we have planned and the one the President was insisted on," he said.

According to him, minimal wages and pensions will rise quicker as planned. By the end of 2007 the minimal wage will reach 81% of the minimum of subsistence.

Simultaneously, the minimum of subsistence will rise for all groups of the population, and not only for socially vulnerable layers, as it was planned before. "Since April 1 the minimum of subsistence will grow by 24 hryvnias and not by 20, as we were proposed and since October 1 by 22 UAH and not by 19, as proposed," the Prime Minister said.

Viktor Yanukovych connects dynamic rising social outlays with the growth of the economy and industrial output. "We gained an opportunity to increase outlays of the national budget by 7.2 billion UAH," he said.

Since April 1 minimal wage and pensions will be increased up to 420 UAH and 410 UAH, respectively (one USD=5.05 UAH). The minimal wage since April 1 will be 420 UAH, since July 1 UAH 440, since October 1 UAH 460. The minimal pension since April 1 will be UAH 410 and since October 1 UAH 415.


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