Putin instructed to tie the minimum wage to the subsistence minimum by 2019

© RIA Novosti / Alexei Druginderal in potomacfever Putin holds a meeting with members of the Russian Government. 11 September 2017Putin instructed to tie the minimum wage to the subsistence minimum by 2019© RIA Novosti / Alexei Druginderal the image Bank

Vladimir Putin instructed from 2019 to equalize the minimum wage (SMIC) and a living wage.

During a meeting with members of the government the head of state proposed from 1 January 2018 to raise the minimum wage from 71-72 per cent of the subsistence minimum to 85 percent. According to Putin, in the future, these figures should be compared.

«We need to overcome the situation when minimal possible salary does not cover even the basic costs of citizens», — said the head of state.

Putin asked the officials to submit relevant proposals to the state Duma together with the draft budget for the next three years.

In 2016, the Russian authorities have twice raised the minimum wage: from 1 January and 1 July. Now the figure is 7.8 thousand rubles.

The subsistence level in Russia is 9889 rubles per month.

Earlier, Prime Minister Dmitry Medvedev said that he proposed to increase the minimum wage to the subsistence level in the next two years.

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