World Economy

Putin Cuts Own Salary

Putin Cuts  Own SalaryPutin Cuts  Own Salary

Russian President Vladimir Putin has slashed his salary by 10% beginning March 1 as well as his administration’s salaries by the same amount beginning May 1, the Kremlin’s press service announced Friday. Beginning March 1 and ending on December 31, 2015, monthly salaries and quarterly bonuses of Putin and Prime Minister Dmitry Medvedev “would decrease by 10%”, Sputnik quoted the order as saying.