Russia May Freeze Federal Salaries in 2014

Russia may freeze state employees’ salaries next year as part of a call to keep regulated tariffs flat, seeking to curb spending and ease inflation, Deputy Finance Minister Tatyana Nesterenko was quoted as saying on Tuesday.
Last week, Russian President Vladimir Putin backed plan to freeze regulated tariffs for utilities such as gas, electricity and railway fares, in a move to curb spending and consumer prices at expense of companies’ profits.
Speaking to reporters in …

Powered by WPeMatico

This entry was posted in Business. Bookmark the permalink.

Comments are closed.