Russia plans one-off payments to military, retired ahead of election

Reuters

Published Aug 22, 2021 09:41AM ET

MOSCOW (Reuters) - Russian President Vladimir Putin said his government will make one-off payments to pensioners and military personnel this year to help them cope with a sharper-than-expected rise in inflation, the RIA news agency reported on Sunday.

Rising food prices are a sensitive matter for the Kremlin ahead of a parliamentary election in September.

Putin told leaders of the ruling United Russia party that the planned rise in state payments would no longer be enough to cover current annual inflation of 6.5% year-on-year, which is exceeding expected levels of 4%, the RIA report said.

"Of course, we need to boost the income of some groups of citizens," he said.