February 4, 1996 in Nation/World

One In Four Russians Are Living In Poverty

Associated Press
 

Nearly 37 million Russians - about a quarter of the population - were living in poverty in 1995.

The State Statistics Committee said the poor were struggling to get by on less than the official minimum monthly income of 327,000 rubles - $65.

Russians have seen their living standards plummet since the 1991 collapse of the Soviet Union because of rising prices, inflation, unemployment and the erosion of government social benefits.

© Copyright 1996 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


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