An 80,000 UAH limit for SOE directors and state-owned bank supervisory board members
Member of Parliament Olha Vasylievska-Smahliuk has submitted an amendment to the 2027 state budget draft in the Verkhovna Rada, capping the maximum monthly remuneration for heads of state-owned enterprises and members of state-owned bank supervisory boards at 80,000 hryvnias. The initiative aims to establish a single upper payment limit for the public sector top management. This was reported by Minfin, according to the portal PromPolitInform.
The amendment to draft law No. 16000 proposes establishing a strict financial ceiling for the top leadership of state structures. Under the new rules, no state enterprise director or supervisory board member will be able to receive more than 80,000 hryvnias per month. This initiative is part of a broader budgetary discussion surrounding the funding of the state apparatus in 2027.
Examples of High Payouts
The MP cites the example of the Chornobyl NPP, where, according to her data, payments to the director increased from 143,000 to 265,000 hryvnias per month including bonuses. She also mentions cases in the state banking sector: the PrivatBank board distributed significant funds among its members in 2025, with the board chairman receiving 24.26 million hryvnias in base salary. At Naftogaz of Ukraine, management personnel received 81 million hryvnias in compensation following the results of 2024.
History of the Initiative
Olha Vasylievska-Smahliuk notes that she has supported limiting payouts since 2022, when she submitted a draft law linking the incomes of state enterprise heads to the pay level of military personnel at the front. At that time, the Ministry of Finance opposed the proposal. Now, the MP considers it necessary to establish a clear regulatory limit due to the lack of uniform regulation.
Budget Process
The Cabinet of Ministers submitted the 2027 state budget draft to parliament on September 15, 2026. Consideration of the document is ongoing, and the new amendment could become a key element in discussing the financial aspects of the upcoming budget. Statutory remuneration policies and corporate governance decisions currently allow such payouts, meaning the changes require legislative regulation.
Photo: Minfin
