Siluanov predicted an increase in incomes of Russians by 1.4% next year // Finance Minister Siluanov: real incomes of Russians in 2027 will grow by 1.4%

Finance Minister Anton Siluanov predicted an increase in real incomes of Russians in 2027 by 1.4%. In the next two years, real incomes of the population will grow by an average of 2.5% per year. He said this at parliamentary hearings in the Federation Council.

Mr. Siluanov associated the growth of the welfare of Russian citizens with a decrease in the impact of the budget on the monetary supply, the development of private lending and “the economy’s entry into the growth trajectory.” "This is important for maintaining macroeconomic stability, reducing inflation, lowering interest rates and increasing the welfare of citizens," the minister said.

In 2027, the minimum wage will increase to 28 935 rubles, the subsistence minimum will be 20 227 rubles. Pensions in the same year will be indexed twice: by 6.8% from February 1, and an additional 3.3% for the insurance part - from April 1.