Putin: state-owned companies and the government should reduce inefficient spending

Putin: state-owned companies and the government should reduce inefficient spending


MOSCOW, December 17. Russian state-owned companies and the government should reduce inefficient spending. This opinion was expressed by the Russian President Vladimir Putin during a big press conference.

“All – and state-owned companies, and state governments must act more effectively and reduce ineffective spending. Here is over what exactly to work,” he said.

According to Putin, from salaries and bonuses to top officials of state-owned companies expect salaries to all other employees. “If we omit them, we get an important and desired quality of management,” he said.

Meanwhile, Putin invited the first persons of state-owned companies more direct personal income to charity.

“The first people could have a portion of their income to charity. They would not have become poor,” – said the President of Russia.

See also

Big press conference of Vladimir Putin. Text translation