Siluanov predicted the growth of real incomes of Russians in 2027-2029
Quick Look
- Finance Minister Anton Siluanov said that real incomes of Russians will grow by 1.4% in 2027, and by 2.5% annually in 2028-2029.
- An increase in the minimum wage to 28,935 rubles and the subsistence level to 20,227 rubles was also announced.
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Why It Matters
Finance Minister Anton Siluanov presented a forecast for household incomes and social payments during a speech at the Federation Council.
Real incomes of Russians in 2027 will grow by 1.4%, and in the next two years - by an average of 2.5% annually.
The minimum wage in Russia next year will rise to 28,935 rubles, and the living wage will rise to 20,227 rubles.
MOSCOW, October 5 - RIA Novosti. Real incomes of Russians will grow by 1.4% next year, and in the next two years - by an average of 2.5% annually, Finance Minister Anton Siluanov said.
“In 2027, real incomes of the population will increase by 1.4%, and in the next two years - by an average of 2.5% annually,” Siluanov said, speaking at the Federation Council.
In addition, the minimum wage in Russia next year will increase to 28,935 rubles, and the cost of living - to 20,227 rubles. The amount of maternity capital for the first child in 2027 will be 778.5 thousand rubles.
Open Questions
- What will be the inflation rate during this period?
