Russian President Vladimir Putin's monthly salary was announced.

Putin receives a monthly salary of 9 thousand dollars. Vladimir Putin signed a decree to raise the salaries of a number of state officials, including himself, by 5.5 percent. Along with Putin, the salaries of the prime minister and ministers have also increased.

In 2002, when Vladimir Putin first took office, his salary was 63 thousand rubles. According to TASS, Putin's monthly salary increased to 874 thousand rubles (9 thousand dollars) with the latest increase.

The salary of the head of state had increased between 1.03 and 2.65 times until today. The latest increase corresponds to a 1.055-fold increase. It is stated that the salary adjustment is due to rising inflation.