Increase without consequences. Russian business and policy news
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Monday, 30 June 2008 |
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Since December, 1st the wages fund for federal state employees will be augmented by 30 %. The prime minister has informed On it today at a meeting with the Duma fraction «Uniform Russia» and the chairman of consignment Vladimir Putin.
As he said,consultings have been carried out with the Central Bank , and there believe, that severe influencing on inflationary developments will not be. Putin also has explained, why practice of congealing of salaries and pensions - it, happens under the arrangement to trade unions, apply in the West to cracking down on inflation - not our method
Vladimir Putin, the chairman of the government of the Russian Federation, the chairman of a consignment «Uniform Russia»: Can we use such tools - all to freeze in the conditions of enough high inflation? It would be quite good! But I consider, that it is today a wrong path for us. Because at us still, unlike the developed economy of the West European countries, it is a lot of people who live still poorly. And they do not have upbuildings, they do not have the financial, material fat which has been accumulated by the previous breeds. There is no money which one lay on an accounts in banks.
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