Putin is concerned about the slow growth of real incomes of citizens

August 26 2019 16

The increase in real incomes of citizens of the Russian Federation was a cause for concern for the head of state during a recent meeting on economic issues.

The head of state’s alarm was caused by the fact that despite the projected inflation of around 4,5% on an annualized basis and the increase in salaries, real incomes of Russians are growing very slowly.

Vladimir Putin invited the meeting participants to think and discuss what solutions are needed in order to give dynamics and sustainability to growth economics RF.

Recall that according to Rosstat data, which were cited in early summer, for the first quarter of 2019, the number of Russians at the poverty level (income below the subsistence level) increased by 500 thousand people and amounted to 20,9 million people.

Rosstat experts linked the increase in this indicator with "outstripping growth in the cost of living indicator compared to the consumer price index."

The department noted that the subsistence minimum increased by 7,2% (from 10 thousand 38 rubles in the first quarter of 2018 to 10 thousand 753 rubles in the first quarter of 2019), and the consumer price index increased by 5,2 , XNUMX%.

Apparently, the forecast of the head of the Ministry of Finance, Anton Siluanov, to reduce the number of poor in Russia in 2019 from 12,9% to 10,5%, was not destined to come true.

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Nick

+1

26 August 2019 16: 28

Putin has already stated that the liberal model has exhausted itself. Under this model, a serious increase in the quality of life of the people cannot be achieved. We are waiting for the next step of the President. I hope not for long.
1. Victor N
  
  0
  
  27 August 2019 10: 22
  
  Don’t waste time - act on your own! Manna will not wake up ....
  1. Nick
    
    0
    
    28 August 2019 03: 12
    
    Quote: Victor N
    Don’t waste time - act on your own! Manna will not wake up ....
    
    I do not lose time, I work.
Joe Cook

+6

26 August 2019 17: 24

Ministry of Economic Development is time to disperse in the neck.
1. g1washntwn
  
  0
  
  27 August 2019 06: 49
  
  Now Rosstat will come, correct its formulas and heal!
2. Victor N
  
  0
  
  27 August 2019 10: 23
  
  In no case! We must keep them in one place.
steelmaker

+1

26 August 2019 17: 57

In 20 years, at least one message from Putin has been implemented at least 20%?
1. Victor N
  
  -1
  
  27 August 2019 10: 25
  
  I personally exceeded: I did not expect anything from anyone.
Oleg RB

-2

26 August 2019 18: 50

Ahah
Fairy-tale restless non-pride
Citizen Mѣshkov

+5

26 August 2019 19: 09

And when the national currency was devalued many times, which ultimately led to a collapse in income, did it not bother him? Sheer hypocrisy!
art573

+5

27 August 2019 00: 22

The model of the state where private capital rules industry is not acceptable here. Private industrial capital must compete with state-owned state-owned factories - there must be competition. And then the state does not open any production facilities. Only everything is sold and chirped about further privatization plans. In essence, these are enemies of the state and people.
1. Victor N
  
  0
  
  27 August 2019 10: 29
  
  You are back in the 90s! Now the state controls more than half of the enterprises and continues to strengthen its position. You can easily see - the Internet is there to help!
Port

+2

27 August 2019 06: 55

Russia, in fact, continues to support all the "brotherly" dependents that have broken away from it, acquiring new ones, Russia has such a karma - to feed various failed damages, without receiving anything in return, moreover, all these misunderstandings, having sipped on "independence", are spun back to Russia in a shaft, creating economic social and ethnic problems for the country and the population.
1. gorenina91
  
  +1
  
  27 August 2019 09: 08
  
  -Yes exactly...
  Today all bakhtiyars, "bakhyts", "ahmed", "timur", "rafiki", "gochi-magochi" (Hahah), etc ... etc .. have their own states ... - And so nevertheless, they have a firm conviction that Russia is simply obliged to help them in everything ... - That is, they have the right to fully demonstrate their ambition and all their so-called "traditional features" everywhere in Russia .., but when it comes to financial and material assistance ... - then Russia is simply obliged to always provide them with this ...
Victor N

+1

27 August 2019 10: 20

Revenue statistics do not cover revenue in envelopes - everyone knows this, but they discuss understated data, being horrified and scaring others. Silly lesson ...
Hassan Abdukhalikov

+3

27 August 2019 21: 42

Currently, the Government of the Russian Federation is implementing the so-called tax maneuver in the field of taxation of the fuel and energy complex, the essence of which is to increase the severance tax rate and lower customs duties on the export of oil and oil products. In our opinion, this strategy is a deep mistake, since it will definitely lead to a decrease in the competitiveness of the Russian economy in the future, because domestic prices for fuel and lubricants will increase at a faster rate than inflation in general.
Another incorrect strategy of the Government of the Russian Federation is to increase the VAT rate from 18% to 20% from January 1, 2019. In our opinion, the most optimal VAT rate for the normal functioning of the country's economy and budgeting is the VAT rate of 12%. The proof of this is the economy of the Republic of Kazakhstan, which in its structure is similar to the economy of Russia, but more efficiently functioning at a VAT rate of 12%.
Another limiting factor in the growth of the Russian economy is the interest rates on loans from commercial banks, which are prohibitively high for the development of the real sector of the economy. The main reason for the high interest rates, I think, is the monopoly position in the banking sector of the Russian Federation and the high operating costs in the banking sector itself, the main indicator of which is the ratio of the cost of paying interest on loans in the GDP to the total loan portfolio of commercial banks. According to this indicator, the Russian banking sector is many times ahead of all developed countries.
Another problem is the reform of the pension system of the Russian Federation, which, first of all, is aimed at increasing the retirement age, the essence of which, in our opinion, is only to reduce the budget deficit of the PFR, while some members of the Russian Government assure Russian citizens, that real pension benefits will also grow in the future. The fact is that real pensions can only grow if the economy as a whole grows. In the conditions of the above factors, I doubt that the next 5-10 years, the economic growth in Russia will be above 2% per year, which is 1,5-2 times lower than the global average economic growth rate.
Another painful problem in Russia is the state of demography and fertility, especially of representatives of the titular nation. In 2017, 200 thousand fewer children were born than a year earlier, and this trend, if radical measures are not taken, can be even worse.