Finance min wants to cut pension spending by 51.5 bln rbl in 2018

MOSCOW, May 11 (PRIME) -- Russia’s Finance Ministry has suggested reduction of budget spending on pensions by 51.5 billion rubles in 2018, as seen by PRIME on Friday in draft amendments on the state portal for legal information.

Overall social spending will be lowered by 52.93 billion rubles.

Simultaneously, healthcare spending may be increased by 4.2 billion rubles.

(62.5229 rubles – U.S. $1)

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