Putin signs decree to reduce executives’ salaries

Russian President Vladimir Putin has signed a decree that reduces the salaries of the president, prime minister, prosecutor-general, head of Investigative Committee, Cabinet members and Kremlin officials by 10 percent, the Kremlin Press service reported on Friday.

The salary cut will be in effect till the end of the year, says the decree.

The reduction will also affect those with salaries based on the 2004 Presidential decree that’s titled “On payment for executive power federal organisation top managers” and those that fall under the 2013 decree “on the monetary remuneration of persons in public office,” as well as for other people whose salaries are mandated by a federal law.

President Putin also reduced the wages of Kremlin administration, government staff and the Chamber of Accounts by 10 percent as well.

The decree affecting the president, the prime minister, prosecutor-general, head of Investigative Committee came into effect on March 1, while for Cabinet members and Kremlin officials the salary reduction will take effect on May 1. — Online.

Related Posts

Understanding the two paths shaping the future of AI

  Godfrey Nyoni   ARTIFICIAL Intelligence (AI) is no longer a technology reserved for multinational technology companies and research laboratories. Today, startups, universities, governments and businesses of every size are…

President Mnangagwa addresses Zanu PF Women’s League meeting

President Mnangagwa is today expected to address the Zanu PF Women’s League meeting at the party headquarters in Harare. Vice President Kembo Mohadi has already arrived for the event. Delegates,…

Leave a Reply

Your email address will not be published. Required fields are marked *

×