Rosstat announced the reduction of poverty in the country

Rosstat announced the reduction of poverty in the country

The absolute number of Russians with incomes below the subsistence minimum decreased from 19.5 million people in 2016 to 19.3 million last year, said in Rosstat.

According to preliminary data of the statistical office in 2017, the proportion of citizens living below the poverty line, declined for the first time in five years. Since 2012, when the share of people with low income was 10.7%, and steadily grew, then stabilized at around 13.3% in 2015-2016 and last year was 13.2%.

Positive trend confirmed in the Ministry of labor. In the report of the Cabinet office notes that last year in the regions developed the provision of state social assistance on the basis of the social contract. Aims to encourage low-income citizens to action to overcome difficult life situation and the way out of poverty.

See also: the Equality of poverty and wealth is unequal. The world Bank has revealed unexpected properties of economic diversity of Russia.