Tatyana Ivakhnenko, Researcher at the Gaidar Institute's Mathematical Modeling of Economic Processes Department, commented on the Moscow 24 TV channel, explaining the purpose of the upcoming 20% increase in the minimum wage in the capital to 39,730 rubles.
According to her, the increase in the minimum wage is aimed at supporting low-income residents of the city: “The increase in the minimum wage is intended to raise the lower classes so that their standard of living does not lag behind that of other segments of the population.” The expert also noted that such an indexation is possible thanks to the stable revenues of the city budget: “Moscow has fairly high tax revenues, so Moscow can afford the indexation.”