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Putin Freezes Officials' Salaries for 2015

President Vladimir Putin signed a law Monday freezing salaries for government officials in 2015, according to a copy of the document published on the official government website.

Officials' salaries will not be adjusted in line with inflation next year. Russia's Economy Ministry forecasted Tuesday that inflation will reach 7.5 percent in 2015.

The average salary among government officials was 96,500 rubles ($1,850) per month in September, up 18.3 percent from the year before, according to data released by the state statistics service Rosstat.

Since his return to the Kremlin in 2012, Putin has given officials in his administration a significant raise. In 2013 Cabinet officials were given a raise too, Russian Forbes reported.

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