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Accounts Chamber doubts quick victory over poverty

Accounts Chamber doubts quick victory over poverty
Photo: pixabay.ru
Audit Chamber experts doubt that, thanks to new social initiatives, almost one million Russians will be able to get out of poverty in 2020. The overstatement of the government’s forecast in the department was indicated in the conclusion on the draft amendments to the draft federal budget for the next three years.

As the RBC, experts concluded that not all measures are targeted directly at the poor. Of all social initiatives, only the program of targeted benefits for low-income families with children from three to seven years old and the extension of the payment of benefits for the first-born from 1,5 to 3 years old are aimed at this. 

These measures will reduce the number of Russians with incomes below the federal cost of living by 1,5 percentage points However, this is not enough to reach the forecast of 10,8% by the end of the year. So, for example, maternity capital, which will now be issued to the first-born, does not directly affect the budget of citizens, it cannot be monetized and can be spent only on certain goals. 
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