Among the documents are bills on increasing the minimum wage and pensions. It is already known that the minimum wage will increase by 18.5% starting January 1 of next year; its indexation rate is significantly higher than inflation. As Russian President Vladimir Putin previously stated, this will have a positive impact on the income of around 4.8 million workers.
In addition, forecasts for socio-economic development and the main directions of the unified state monetary policy of the Russian Federation for the next three years will be discussed. Traditionally, the same package of bills includes the budgets of the Compulsory Medical Insurance Fund and the Social Fund, and the rates of compulsory social insurance.
Once the government approves the draft budget, the document will be presented to the State Duma.
Recall that on September 18, Vladimir Putin held a video conference meeting on the preparation of a three-year budget. The head of state ordered that it be prepared based on national priorities.
