KIEV, Oct. 27 – President Petro Poroshenko, the government and parliamentary coalition factions have decided to raise the monthly minimum wage in Ukraine starting January 1, 2017 to UAH 3,200, the Ukrainian president said after talks with Prime Minister Volodymyr Hroysman.

"Starting from January 1, 2017, there will be no employed people in Ukraine who earn less than 3200 hryvnias. Moreover, I addressed the government and parliament to make every effort for this decision not to increase a single tax, first of all it is related to small and medium business," he said.