A twofold raise of the minimum wage hasn’t led to mass
closure of enterprises. Prime Minister of Ukraine Volodymyr Groysman announced
on air of the ICTV channel on Monday.
The Head of Government noted that in the first month of 2017
the number of newly established enterprises had exceeded by almost 7 thousand the
number of the closed ones.
"Every year, some businesses are closed down while
others are registered, and it is natural. Out of really working enterprises
there were wound up 16.8 thousand, but, instead, during the same period there
were created 23.5 thousand enterprises. That is, it is by almost 7 thousand enterprises
more. This means that no negative trends that would cardinally affect the
situation are observed", stressed the Prime Minister, denying accusations
of alleged mass closure of small businesses after the increase in the minimum
The Head of
Government announced that as of January in Ukraine there had been deregistered
129.2 thousand enterprises - SEPs (self-employed person). It is only about 6% against
the overall quantity of registered enterprises, of which there are enumerated over
2 million in the country.
private enterprises 87% - making up 112.4 thousand in quantity - had not
carried out any economic activity, "were just registered on paper".
Groysman explained that each entrepreneur should make contribution to the
Pension Fund according to the laws and urged it was unfair to deprive a working
person of his pension, adding it meant social equality.