Protect Russians from inflation: Putin

Russian President Vladimir Putin has ordered the government to come up with ways to support households as their purchasing power is affected by high inflation.

Speaking to parliamentarians, Putin said the government should present a plan for new social support measures within a month.

Earlier on Tuesday Russia’s economy minister said the country had raised its 2021 inflation forecast to 7.4 per cent from 5.8 per cent.

Putin also called on parliamentarians in the newly convened State Duma to combat poverty, describing it as the “main enemy” facing the country.

He told the five parliamentary groups to work together to create new laws to deliver economic growth and instructed the government to set up more welfare support for those who are struggling.

with DPA

News Gaffer