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Putin orders 10% rises in pensions, minimum wages to shield Russians from inflation amid conflict
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President Vladimir Putin ordered 10% rises on Wednesday (May 25) in pensions and the minimum wage to cushion Russians from inflation, but denied the country's economic problems were all linked to the conflict in Ukraine.
The pension increase comes into effect from June 1, while the minimum wage hike kicks in on July 1. Russia's minimum wage currently stands at 13,890 roubles ($250) a month, while the average retirement pension amounts to 18,521 roubles per month.
Editor: Jiawen(Intern)
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The pension increase comes into effect from June 1, while the minimum wage hike kicks in on July 1. Russia's minimum wage currently stands at 13,890 roubles ($250) a month, while the average retirement pension amounts to 18,521 roubles per month.
Editor: Jiawen(Intern)
__________________
Powered by Shanghai Media Group, ShanghaiEye focuses on producing top-quality content for Facebook, Twitter, Instagram and Youtube.
Nobody knows Shanghai better than us.
Please subscribe to us ☻☻☻
__________________
For more stories, please click
■ What's up today in Shanghai, the most updated news of the city
■ Amazing Shanghai, exploring the unknown corners of the city, learning the people, food and stories behind them
■ What Chinese people's lives are like during the post COVID-19 period
■ Views of foreign scholars on China and its affairs
■ Foreign faces in Shanghai, people living in this city sharing their true feelings
■ Mini-docs showing why China is the country it is today
__________________
☎Leave us messages if you have any suggestions or questions!
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