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Friday, October 28, 2016

Siluanov promised to make up for the debt to pensioners by the indexation of pensions

Russian Finance Minister Anton Siluanov, speaking in the Federation Council on the governmental hour, said that the government set aside a budget for next year the indexation of pensions to inflation.

photo: Mikhail Kovalev

He was commenting on sarcastic question Senator Anton Belyakov, pointeresovatsya whether the Cabinet of Ministers of the phrase of the Prime Minister Dmitry Medvedev, “there is no money, but you hold fast.”

The Minister said that his Department will act in accordance with the other words of Medvedev, who said that next year the pension will condensirovanniye on the level of inflation with its light and in the current year.

Recall that while in 2016 pensions in Russia were increased only 4%, while the forecast inflation rate of 5.9% per annum. Also, the government and the Central Bank expect to reach an inflation of 4% in 2017. Accordingly, in the budget in 2017, which the Duma will consider in November, will include the indexing of 5.9%.

At the moment the question of indexation of pensions is a discussion, various representatives of the government repeatedly postponed the announcement of the decision about it in late summer or autumn, when the country held elections to the State Duma of the Russian Federation.

Note that at the same time today there was information about the proposed Ministry of Finance the freezing of budget expenditures for 2017-2019, which may lead to a reduction in spending on health care, education, social housing and other social programs.

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