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Russia’s Putin announces 10% hike to pensions, minimum wage -Breaking

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© Reuters. FILE PHOTO: Russian 100-rouble notes are placed at the counter of a store in Siberia, Tara, in the Omsk Region, Russia on December 14, 2021. Picture taken December 14, 2021. REUTERS/Alexey Malgavko/File Photo

(Reuters). Russian President Vladimir Putin has ordered that government pensions be increased and the minimum wage raised by 10%. However, he stated that Ukraine’s conflict did not have all the economic problems.

Putin stated that the inflation rate would not surpass 15% in a live televised meeting at Russia’s State Council.

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