The head of the NBU council Poroshenko predicts the weakening of the hryvnia in the case of a significant increase in the minimum wage
Sep 8th, 2009 | By admin | Category: Main NewsChapter of the National Bank Pyotr Poroshenko predicts that if the minimum wage will be substantially increased, it will lead to a weakening of the hryvnia and the negative impact on the banking sector.
He told this to the broadcasting of ICTV.
I was surprised to hear that we need to raise the minimum wage, or average. let's put a minimum wage 1 000 and 1 500 more, and perhaps 2 000 ... here is a recipe - now pay 1 500 hryvnia . recipe, which will destroy all that money through inflation, will thwart the course, will destroy the banking system - he said.
Poroshenko noted that the NBU in the future bude do everything to ensure the stability of hryvnia, but this requires precise coordination with the Cabinet of Ministers and the Verkhovna Rada.
Head of the NBU council stressed that the effectiveness of such cooperation is necessary, as a minimum, a working parliament, as well as the lack of desirable non-constructive criticism from various political forces.
Take away the criticism that, well, we will come and do better - he said.
In addition, commenting on the statement of the need to resignation of NBU Volodymyr Stelmakh, Poroshenko recalled that in December, and so ends his term.
I ask you not to worry, because even in the month of December ends a term of Vladimir Semenovich Stelmakh. If I'm not mistaken, on 18 December. And those who very much wants to speed up the process it staffing changes will have every opportunity to this exercise, - he said.
At the same time, Poroshenko noted that it is impossible to shift the entire responsibility for the hryvnia to the NBU and its head, because this indicator is linked with many economic indicators.
According to the agency, August 31, Party of Regions faction in Verkhovna Rada has increased demands for the government to revise the social standards and in favor of raising the minimum wage up to 1,5 thousand hryvnia and the minimum pension - up to 1,3 thousand hryvnia in 2009.
Later
OL said it is willing to defer consideration of raising the minimum wage for a few days and give the Government time to finalize this issue.
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