Date: 3 months ago   Category: Economy

Putin has explained the reasons of not raising the retirement age in the 2000th years — Rambler News Service


Photo: Global Look Press the President of Russia Vladimir Putin opposed raising the retirement age in the 2000th years because of social and economic conditions in Russia. The Russian leader has said it during a televised address to citizens of the country on pension reform. "It is convinced, it was impossible to raise a retirement age at the beginning and the middle of the 2000th categorically. I will remind how during this period there lived the country. It is yet not strengthened economy with very modest indicators of gross domestic product and extremely low salaries. It is high unemployment rate and inflations. Below the poverty line there was nearly a quarter of citizens of the country. Life expectancy hardly exceeded 65 years" — Vladimir Putin has said. According to the president, raising the retirement age those years would lead to the fact that many families would lose the main source of income. Against the background of high unemployment rate Russians couldn't neither find work, nor retire. The increase to pension at the same time would be "eaten" by inflation that would lead to increase in level of poverty. Putin has noted that during this period time of the authority of the country consequences of the 1990th years had to overcome, provide stable economic growth and solve a set of social problems.

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