Pensions Russians promised to protect

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Photo: Alexander Kryazhev / RIA Novosti

Prime Minister of Russia Dmitry Medvedev said that the budget for 2018 involves the execution of state social obligations in full. Such a statement he made at a meeting on measures for implementation of the budget for the current year and the planned period 2019-2020, according to RIA Novosti.

“We planned the budget, to protect pensions, allowances, scholarships and wages from any shocks the global economic and political situation”, — said Medvedev.

The Prime Minister noted that, where possible, will be made even more than expected. He cited the decision to raise the minimum wage (SMIC) to a living wage by may 1 of the current year, not 1 January, as previously planned. The Prime Minister stressed that the state has all necessary resources.

Medvedev added that the government will continue to support priority sectors of the economy, and said that every ruble should work for economic growth and social development.

The President of Russia Vladimir Putin on 10 January promised that the minimum wage will be equivalent to the subsistence minimum from 1 may 2018, although initially it was assumed that this year it will be at least 85 percent of it.

Video, photo All from Russia.

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