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The Finance Ministry predicted a further drop in income of Russians

Минфин предрек дальнейшее падение доходов россиян

The Ministry considers that the real incomes of Russians in 2019 will continue to fall. In particular, this happens because of the need to pay interest on loans.

“In General, the results of current year growth of real gross wages and salaries is projected at 1.5%. At the same time, the dynamics of real disposable income, despite strong wage growth remains negative (-1.3% in the first half of 2019) on the background of the increasing negative contribution of obligatory payments, including interest for loans.

As a result, the growth of real disposable income at the end of 2019 will remain at the level of the previous year and will amount to 0.1%”, — TASS quotes an extract from the Finance Ministry for the project budget for the period 2020-2022 years, which the government submitted to the state Duma.

The Minister of economic development of Russia Maxim Oreshkin said in the summer that the economy of the Russian Federation is the problem of debt load of the population “explode” in 2021.

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