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RF gov’t plans average wages to reach 32 thousand roubles - Putin

Putin said that over the crisis period average revenues of Russians slumped to 18-19 thousand roubles, and now wages have regained the pre-crisis levels

MOSCOW, September 23 (Itar-Tass) — Russia’s average wages will exceed 32,000 roubles over coming years, Russia’s Prime Minister Vladimir Putin told the congress of the United Russia Party on Friday.

“Over coming years we should reach the country’s average level of about 32,000 /roubles/,” he said adding that by the yearend the wages will reach 24,000 roubles.

Putin said that over the crisis period average revenues of Russians slumped to 18-19 thousand roubles, and now wages have regained the pre-crisis levels.

“The final objective is wellbeing of the entire country,” Putin told a section ‘Social Policy: Towards New Standards’, organised in the framework of the congress. We should work in a balanced, correct, accurate manner, he added.

A growth of income should not be ahead of labour productivity, or there will not be enough money to pay out wages, he warned.

The world has seen similar negative experience, Putin said meaning the situation in Greece.

“Protests and fights with the police may be endless, but if the state treasury is empty…”

Russia may not follow this way, or “we shall have to pay out our own sovereignty, which is something we cannot afford,” Putin said.

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