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Wednesday, October 26, 2016

Putin ordered to provide assets to pay retirees

The President of Russia Vladimir Putin has held meeting on budget.

According to him, this year managed to preserve funding for education, health, culture, social policy, to which was allocated about 35% of budgetary expenditure.

According to the President, social orientation of the budget should be preserved in the next year. In particular, to make provision for a pension and the indexation of pensions in line with inflation.

“In absolute terms, this is about 5.6 trillion rubles,” — said Putin, adding that the guarantees for Russian citizens needs to be ensured.


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