KIEV, Oct. 31 – The minimum wage in Ukraine will be increased without an additional growth of inflation, Finance Minister Oleksandr Danyliuk has said.

"There will not be [higher] inflation [than it is projected]… This decision [to increase minimum wage] will not affect inflation next year," Danyliuk said late on Sunday on 1+1 television.

Asked where the government will take funds to pay the increased minimum wages, he said that this will happen thanks to bringing the economy out of the shadows.