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The current poverty rate is 13.2 percent, and halving it would mean reducing the current rate to 6.6 percent by 2024. We estimate that average annual growth of 1.5 percent would bring down the poverty rate from 13.2 percent to only 10.7 percent by 2024.
1 Αυγ 2017 · Russian poverty has clear specifics: there is a high risk of poverty for families with children. This paper analyses effectiveness of child benefits from various perspectives.
12 Σεπ 2024 · The work employs a microsimulation approach to assess the impact of child benefits on the poverty level among children in Russia. The empirical basis of the study is data from a nationally...
We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress.
In May 2018, Russia declared a national goal of halving poverty by 2024. To achieve this goal, in addition to achieving and sustaining a robust growth (at least 3 percent per annum), Russia needs to use social transfers targeted at the poor. The World Bank Russia Social Protection team jointly with
Using regional and international poverty lines, poverty rates are lower: based on the US$5 a day regional moderate poverty line (in real 2005 PPP values), poverty was 7.3 percent in 2012 (Figure 1).
The national poverty rate in Russia has been slowly declining in recent years: from 12.9 percent in 2017, 12.6 percent in 2018, to 12.3 percent in 2019. The poverty rate at US$5.50 (revised 2011 PPP/day) decreased from 3.8 percent, to 3.7 percent and 3.4 percent over the same period.
