According to the government, Russia's GDP growth by the end of the year could reach 3.9% or even more, Beolusov said.

At the same time, inflation has become a key problem against the background of accelerated recovery growth, he noted.

“A number of measures that were taken at the end of last year and this year helped to bring down this wave of inflation, nevertheless, the annual inflation rate remains very high - 6.56% ... At the end of the year, we now believe that we we can reach about 5%, "RIA Novosti quotes the Deputy Prime Minister.

During the meeting, President Vladimir Putin noted that the country is witnessing an increase in wages in real terms.

On July 1, Rosstat reported that real wages in Russia in April this year increased by 7.8% in annual terms.