KYIV, Sept 17 – The Cabinet of Ministers at a meeting on Wednesday allowed the payment of salaries to the top management of state-owned PrivatBank, Oschadbank and Ukreximbank in excess of the quarantine limit of UAH 47,000.

"The existing... limitation of monthly payments of remuneration and wages for members of the management bodies of banks for the period of quarantine... creates a significant operational and strategic risk associated with the loss of operational management and reduced control over the activities of state-owned banks, as well as [a risk of] failing to meet the strategies and business plans by the banks," Health Minister Maksym Stepanov said during the meeting, citing data from the Ministry of Finance.