Siluanov announces 7 percent increase in minimum wage

Siluanov announces 7 percent increase in minimum wage
© Photo: Maria Novoselova/ Vestnik Kavkaza

Russia's minimum wage will rise by 6.8% next year to 28,935 rubles, Finance Minister Anton Siluanov said at a government meeting.

"The minimum wage in 2027 will amount to 28,935 rubles, showing an increase of 6.8%; this represents the projected wage growth for the coming year",

Siluanov said.

Siluanov assured that President Vladimir Putin's goal of raising the minimum wage to 35,000 rubles by 2030 will be achieved.

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