Russian President Vladimir Putin expressed concern about the slow growth of real incomes of Russians. This was reported on the Kremlin website.The president made this statement at a meeting on economic issues on August 26. The meeting was attended by the head of the Presidential Administration Anton Vaino, assistant to the president Andrei Belousov, First Deputy Prime Minister, Minister of Finance Anton Siluanov, Minister of Economic Development Maxim Oreshkin and the head of the Central Bank Elvira Nabiullina.Putin drew attention to the fact that inflation in the country is gradually approaching the target: now it is about 4.5 percent in annual terms.“But even against this background, and given the increase in wages in the economy, real incomes of people are growing slowly. This state of affairs cannot but cause concern, ”the president emphasized.Putin asked the meeting participants to indicate what measures they plan to take to increase the incomes of Russians and to “make the economy itself more sustainable.”The head of state said that in the first half of 2019, Russia’s GDP grew by 0.7 percent, and industrial growth over the seven months amounted to 2.6 percent.“The pace is positive, of course, but the dynamics as a whole cannot satisfy us. It is necessary to make economic growth more sustainable and more dynamic, ”Putin stressed.Real disposable incomes are household incomes, net of mandatory payments, adjusted using the consumer price index.In 2018, the head of the Accounts Chamber, Alexei Kudrin, said that over the past four years, the standard of living of Russians and their real incomes had decreased by 11 percent in total. Later, HSE and RANEPA experts reported that the real disposable cash income of Russians, which had fallen by 8.3 percent since 2013 (according to the Federal State Statistics Service), will continue to fall according to the results of 2019.Siluanov explained that the growth of real incomes of Russians is hindered by people’s expenses on paying off and servicing loans, as well as the reduction of the shadow sector in the economy.