Putin wants to cut poverty in Russia by half in next decade

The goal of reducing

The goal of reducing the share of Russians with incomes below the subsistence level from 13.5 percent to 6.5 percent by 2030 is ambitious, but realistic, according to Russian President Vladimir Putin.

“It is bad, of course, that 6.5 percent will remain, but we must proceed from reality; I think this is realistic. The goal is ambitious, but it can be accomplished,” Putin said during his annual press conference on Thursday.

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