Putin calls to secure growth of real earnings for Russians

Growth of real earnings and salaries of Russian citizens should be secured, the country's President Vladimir Putin said at the signing ceremony of the General Agreement among the Government, the Russian Union of Industrialists and Entrepreneurs, and the Federation of Independent Trade-Unions for 2018-2020.

"We need to support growth of real revenues and real salaries of our citizens," Putin stressed.

"This relates to the budget sector, where the government is working consistently thereon, and certainly the commercial sector, because the competitiveness of our companies and their stable and sustainable development directly depends on creation of attractive conditions for self-realization of employees, on investments into education, health, competencies and quality of life," TASS cited him as saying.

According to the President, the improvement of economic efficiency through development of labor potential is a huge and comprehensive task, requiring close interaction among the society, the business and the government and readiness to look for and find the balance of interests.