45% of Russians had no savings before coronavirus pandemic led to spike in unemployment – new survey

Almost half of all Russians

Almost half of all Russians had no money saved when Covid-19 hit the country, according to a new survey, with only 26% of the population having enough to survive self-isolation if all sources of income were stopped.

The study, conducted by Russian analytical center NAFI, reported that 46% of all respondents said they had encountered financial difficulties during the lockdown period.

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