Go to ...

The Newspapers

Gathering and spreading news from various Russian Newspapers

The Newspapers on Google+The Newspapers on LinkedInRSS Feed

Saturday, March 24, 2018

Kudrin called dangerous maneuver to raise the salaries of state employees

Ex-Finance Minister Alexei Kudrin considered optional execution of a part of the “may decrees” of the President of Russia, connected with increase of salaries to state employees. His proposal he announced during the business Breakfast Sberbank in the framework of the International investment forum “Sochi-2016”.

photo: Mikhail Kovalev

The head of the Board of the Center for strategic development Alexey Kudrin has reminded that in the next three years, payroll funds in the regions of Russia should grow in the amount of 500 to 800 billion rubles. Former Finance Minister considered it “a dangerous distraction”, reports TASS.

“To raise wages at prestudy income, we must reduce the repairs of schools, provision of equipment and relevant materials for hospitals. This dangerous maneuver,” — said Kudrin.

It is suggested not to hurry with increase of salaries to state employees in order to “better perform in a compressed budget these obligations.

Kudrin believes that the presidential decree needed to implement, but in the longer term. “Now given the fact that our economy is falling and we have revenue growth will not be as fast, you need to increase the wages only by increasing income,” he said (quoted by “RIA Novosti”).

According to the ex-Minister, from 2014 to 2019 in Russia, in real terms, the incidence of the costs of all budgets can be 20 percent. The state was able to fulfill social obligations, from the point of view Kudrin, it is necessary to raise the retirement age and make social spending more targeted. “We can’t go,” he said.


Related posts:
In the Bloomberg rich list included 15 Russians
"Look fish in the eye": the party of rotten salmon looking for buyers
Increase in oil prices will not work
Russia sharply increased its investments in the US economy


More Stories From Economy