Media: Ministry of Economic Development predicts the crisis until 2019 – Rosbalt.RU

3 March 2016, 03:59 | crisis | economy | Ministry of Economic Development

 Ministry of Economic Development is laying in the forecast until 2019 freeze public sector wages and funded pensions and the indexation of pensions by 4%, write “Vedomosti”, referring to the conditions for the forecast, which is prepared in the office.

 “This is not a forecast, but just some of the conditions for discussion”, – said the federal official

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 Assumptions of the Ministry based on the fact that the price of oil four years will remain below $ 50 per barrel. In the basic version of its average price in 2016 – $ 35 per barrel in the next three years – $ 40, $ 45 and $ 45 per barrel, respectively,

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 According to the “basic hypotheses forecast”, IEG suggests accelerating due to the developed countries of the world economy; preservation of sanctions against Russia and response antisanktsy prior to 2020, as well as reducing capital flight – with $ 35 billion in 2016 to $ 15 billion in 2019.

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 Continue saving on social spending, the newspaper notes. Pensions will be indexed annually to the target rate of inflation – 4%, and in real terms over the 2016-2019 years pension will be reduced by approximately 10%

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 A reference “salary decrees” the president will be reduced by 12% the size of the average wage for the economy. Ministry of Economic Development comes from the fact that nominal salaries of teachers, doctors, teachers and other categories of state employees who by decree of the President rapidly increased wages, will not decrease. Indexation of salaries of other state employees, including civil servants, also frozen until the end of 2019, with an annual reduction of their numbers by 5%. Also, for all four years of frozen and accumulative part of the pension.