MOSCOW, March 6. / TASS / Russian President Vladimir Putin has signed a decree that reduces the salaries of the president, prime minister, prosecutor general, head of Investigative Committee, Cabinet members and Kremlin officials by 10%, the Kremlin press service reported on Friday.

The salary cut will be in effect till the end of the year, says the decree.

The reduction will also affect those with salaries based on the 2004 Presidential decree that's titled "On payment for executive power federal organization top managers" and those that fall under the 2013 decree "on the monetary remuneration of persons in public office," as well as for other people, whose salaries are mandated by a federal law.

President Putin also reduced the wages of Kremlin administration, government staff and the Chamber of Accounts by 10% as well.

The decree affecting the president, the prime minister, prosecutor general, head of Investigative Committee came into effect on March 1, while for Cabinet members and Kremlin officials the salary reduction will take effect on May 1.