Vice Premier: Minimum social standards to be raised by at least 10% in 2017

Vice Premier: Minimum social standards to be raised by at least 10% in 2017

"We expect that inflation will not exceed 8% in 2017, while social standards - minimum wages, minimum pensions and salaries of state employees will grow by at least 10%," he said. At the same time, he noted that if economic situation becomes better, the government can decide on a significant increase in social standards. “If the economic situation becomes better, the economy produces more resources, if there are additional funds in the budget, then the government will decide on a substantial increase in social standards,” the vice prime minister said.