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Russia's Putin announces 10% hike to pensions, minimum wage

  • BY Reuters
  • 11:18 AM ET 05/25/2022

(Reuters) - Russian President Vladimir Putin on Wednesday ordered the government to raise retirement pensions and the minimum wage by 10%, while stating that not all economic problems were associated with the conflict in Ukraine.

Speaking at a televised meeting of Russia's State Council, Putin said that inflation would not exceed 15% this year.

(Reporting by Reuters)

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