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                        WEDNESDAY, NOVEMBER 27, 2024
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Ukraine wage arrears problem continues to worsen, government reports
Journal Staff Report

KIEV, Nov. 26 - Despite huge influxes of foreign aid, Ukraine's wage arrears problem has continued to worsen.

According to the State Statistics Service, the overall sum of delayed wages in Ukraine grew by 3.3% in October alone.

Since the beginning of the year, the debts have increased by 49.3%.

Wage debts as of November 1, 2015, were estimated at UAH 1.971 billion, or 5.3% of the overall monthly payroll fund for October. The wage arrears at operating companies amounted to UAH 1.04 billion, those of economically inactive businesses stood at UAH 16.343 million, and bankrupt enterprises'' debts made up UAH 335.858 million.




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