The population was predicted by the growth of incomes

23 March 2018, 11:07 | Economy
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This year, real incomes of the population will grow for the first time after the crisis. They will increase by 6% and amount to 60 trillion rubles, the quarterly study of the Institute of Economic Forecasting (INP) of the Russian Academy of Sciences. Nominal growth will be 9%, but it will be partially "eaten" by inflation.

Scientists have three times more optimism than officials of the Ministry of Economic Development. The department expects real incomes to increase by 2.1%, according to Izvestia,.

With real wages, the situation returned to normal, last year, labor compensation for the first time in three years increased by 3.5%. But real incomes (to them, in addition to wages, are also the incomes of self-employed citizens and individual entrepreneurs) fell for four consecutive years. The peak of the fall occurred in 2016. , when revenues fell by 5.8%, last year the decline slowed to 1.7%.

Now the situation should change for the better. In the years 2019-2020. this indicator will also grow, but slower than in 2018: 3% and 3.7% respectively. Real wages will also increase: in 2018. by 11%, in 2019 - by 7%, in 2020 - by 7.3%.

On wages from the Ministry of Economic Development, expectations are also more modest than in the INP. The Ministry forecasts a growth of 3.9% this year. Improve this indicator will help the growth of salaries of state employees in the framework of the May presidential decrees and the increase in the minimum wage to the subsistence minimum (from 9,489 thousand. up to 11,163 thousand. rubles).

Optimistic expectations of INP RAS are associated with a solid indexation of wages and with an increase in profits from entrepreneurial activity due to the restoration of consumer demand of the population and growth in turnover. Last year it increased by 1.2% (for the first time in three years), this year the Ministry of Economic Development expects an increase in turnover by 2.9%.

Will play to increase the incomes of the population and the low inflation forecasted for the year. Another positive factor is the surplus of the state budget. The MED is expected to make 1% of GDP. Additional revenues of the treasury will allow you to index salaries, pensions and social benefits.



The structural reforms that the government has been pursuing for the past three years will help to achieve a non-deficit budget.. The authorities reduce inflation, refused to manage the exchange rate and managed to adapt the economy to low oil prices. Very opportunely was the budget rule that was introduced last year. It involves postponing for a rainy day of all revenues from oil exports at a price in excess of $ 40 per barrel. One-third of the value of black gold is now in reserves - colossal money.




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