Putin Tackles Falling Incomes, Birthrate in State-of-the-Nation Address
|01/15/2020||Posted by BusinessMediaguide.Com under General World News||
Russian President Vladimir Putin has used his annual state-of-the-nation address to parliament to focus on domestic affairs, including measures to counter Russia’s declining population.
In his January 15 speech to Russia’s two-chamber parliament — the Federal Assembly — Putin said that authorities need to do more to raise the country’s birthrate and support young families.
Putin said low incomes remain an obstacle to increase the population, now at about 147 million as the country faces the consequences of the post-Soviet economic collapse that led to a steep drop in the birthrate.
To bolster population growth, Putin promised the government would offer additional subsidies read more >>>