The Kremlin called the period necessary to stop the fall in the income of Russians

It is estimated that it will be possible to stop the fall in incomes of the population caused by the pandemic crisis during 2021. This was stated by presidential spokesman Dmitry Peskov, commenting on Rosstat data on the fall in real disposable incomes of Russian citizens in the first quarter.

“The fall [income of the population of Russia] is minimized. In many countries the situation is worse. And we expect that this fall will be stopped within this year,” he said.

Peskov explained that the fall in incomes of citizens is now observed all over the world, "all countries are now experiencing the consequences of the pandemic crisis."

“And we cannot be free from these negative consequences. The measures that the country’s leadership is actively and energetically taking make it possible to minimize the negative consequences of this crisis, but, unfortunately, these measures cannot completely rid us of this,” the Kremlin spokesman added.