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Chief economist VEB has called an unprecedented drop in income of Russians

Главный экономист ВЭБа назвал беспрецедентным падение доходов россиян

Chief economist of Vnesheconombank (VEB) Andrei Klepach called the current unprecedented drop in real incomes and wages of the Russians. He said this in the state Duma during the “bleachers” on the theme “the Russian economy: lessons from the crisis and priorities for development”, reports the RNS. “We 1990s this shock had,” said Klepach. “We can’t be normal, stable, prosperous country, if we both teacher and scientist, and the doctor receives is significantly lower than the average for the economy as a whole.” he said.

According to the economist, last year the decline was 8.4%. “But really actually more, because the investment picture has saved the oil industry, which has grown in the region of 12-13 percent. If not, we decline practically in the area in 2009, and it is 19%. Since this year, investment in the oil industry will not grow, will be a reduction, then we obtain the investment decline is almost the same as last year, if not stronger, that means that by 2018 our investment, the situation will be even worse than in 2008”, — said Klepach.

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