Some 19.8 million people — more than 13 percent of the population — were living with incomes below the minimum deemed acceptable last year. The number of Russians living in poverty reached nearly 20 million last year — a decade high — after sanctions over Ukraine and an oil crisis battered the economy, official figures showed Wednesday.Some 19.8 million people — more than 13 percent of the population — were living with incomes below the minimum deemed acceptable last year, the figures from statistics agency Rosstat showed, an uptick from 19.5 in 2015.Incomes in Russia are highly volatile between the …read more
Source: Pulse Nigeria
