Putin cuts his salary by 10% amid mounting crisis in Russia


Russian President Vladimir Putin announced Friday he was cutting his salary by 10 percent as well as the earnings of several top government officials, as the country’s economy reels from the collapse of the ruble, AFP reports.

Vladimir Putin earns $ 115,000 a year, tsn.ua reports. Belarus president Aliaksandr Lukashenka‘s salary is about three times less ($ 33,600). Ukraine’s Petro Poroshenko for acting receives annually almost ten times less than Putin ($11,600).

The salaries of Putin, his Prime Minister Dmitry Medvedev, Prosecutor General Yury Chaika and the president of the powerful Investigative Committee Alexander Bastrykin, will all be cut by 10 percent from March 1 to December 31, according to a decree signed by the president.

The wage reduction also applies to all of those employed by the presidency and the council of ministers.

MS, www.belsat.eu/en/

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