Russian regions in deep trouble: in most, only one household in five has money for more than food

Russia, poverty, old woman, poor, elders, grocery store, coins

 

Analysis & Opinion, Russia

Despite Putin’s upbeat comments, Russians living in the regions are even in the most successful case balance at the edge of survival: with one household in five in 20 percent of the federal subjects now having only enough money for food but for nothing more, according to Moscow experts.

Made responsible for ever more unfunded liabilities, regional governments have cut their budget deficits by more than 90 percent; but the consequences of that are that the population is suffering even more than would otherwise be the case, Anastasiya Bashkatova writes in Nezavisimaya gazeta.

Nonetheless, according to Standard & Poor’s, a quarter of Russiaa’s regions are close to bankruptcy and less than a quarter are showing signs of industrial growth, a third growth in agriculture, just over a third in consumer services, just under half in construction, and 61 percent in retail trade, the economics editor says.

Only six show growth on all five of these measures; only 13 more, on four; while in 10 there has been a decline in four or five of them. But even in those subjects doing well, 19 in all, in 12, “many citizens are now literally at the edge of survival,” Bashkatova continues, citing the work of Moscow scholars who have been analyzing Rosstat data.

In addition, an extremely detailed report by the Regnum news agency on the Russian Far East, one of the more depressed regions of the country, again despite Putin’s claims, shows that in that enormous territory, people are suffering and see few prospects for any turn-around.

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Edited by: A. N.

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  • zorbatheturk

    RuSSia is going down the toilet.

    • Oknemfrod

      I’d say it’s already there and has been for a very long time; yet it seems odd to say that about a country where forty per cent of the people have no internal plumbing – unless, of course, a hole in the ground can be considered a “toilet”.

      • zorbatheturk

        LOL. No doubt Putin’s personal throne is platinum plated. Or maybe solid platinum. Only the best will do for the Putinator.

        • Oknemfrod

          Well, if he wants his toilet made out of the most expensive material there is, he’d be well advised to make it out of Pu-244. That should satisfy him from the viewpoint of covetousness and the rest of mankind – from the standpoint of his nads being nuked.

          • Ihor Dawydiak

            Hmm, Putin is too much of a coward to commit suicide. However, if his “buddy” Yanuslobovich became too much of a burden, Vovochka could always gift him with the same toilet (with added heavy duty electrodes to permeate his mass of fat while cackling as he viewed the shocking event) as a replacement to the golden toilet Vitya had to leave behind when he fled his palace in Mezhihirya. That would be more in line with the Pederast’s “code of ethics”.

  • Ihor Dawydiak

    Is it any wonder why Pompous Putin the Pederast lauds the former Soviet Union but ignores its founder, the mass murderer Vladimir Ilyich Ulyanov (aka Lenin)? After all wasn’t the Red Revolution that brought him and the Communists to power 100 years ago not based primarily on the demand for bread within Russia? Is this a major reason why Putin has reintroduced a National Guard? Deja vu?

  • Victor Victory

    What can you do?? Russia is a shîthole.

    • Dirk Smith

      Always will be………….

    • Mick Servian

      Why are you all so concerned about Russia’s financial status?
      So not to focus on your own?