Russian Prime Minister Dmitry Medvedev confirmed that the minimum wage in the country will be raised to the subsistence level for two years. According to him, it will take about 50 billion rubles.
Prime Minister of Russia Dmitry Medvedev said that raising the minimum wage (SMIC) to the minimum subsistence level must occur within two years. The leader of United Russia said at a meeting with winners of the preliminary vote of the party in North Ossetia.
The Prime Minister reminded that during his speech in the state Duma with the report he said «we’ll do it in stages.» «We have this year planned to increase the minimum size, but we have to enter the model at which the minimum wage becomes equal to the minimum, and we will certainly do so. I said we can do it in stages over two years,» — said Medvedev.
He stressed that it will take about 50 billion rubles. «Our country is fully able to provide this with the minimum wage at the subsistence level, and it will have quite serious social value. Such a commitment we have given and, make no mistake, we certainly do, that it’s ours now, in fact, the party’s promise», — quotes its words «Interfax».
In may, the Russian head of the Cabinet instructed to prepare a draft law on raising the minimum wage to a living wage.
For the fourth quarter of 2016 living wage working person in Russia is 10 466 thousand rubles per person.
Putin: the Cabinet discusses raising the minimum wage to a living wage
Medvedev promised to raise the minimum wage to a living wage