In Russia, over the past six years, the number of people living below the official poverty line has almost halved. However, this problem was replaced by another: economists recorded an increase in the so-called pre-poverty.
The pre-poor are people whose income is only slightly above the official poverty line. At the same time, there is only enough money to satisfy the most basic needs: food, utilities, minimal clothing, medicine. But there is no money left to create savings.
Experts from the Ricom-Trust company state that the transition from the "pre-poverty" category to "poverty" can happen very quickly due to job loss, illness, inflation and a number of other factors.
The trend is very worrying and contradictory, since the income of the citizens is one of the main elements in the economic development of the country, shapes the economic growth and contributes to the purchasing power of the families.
No income, no growth.
Interesting wording - "pre-poverty"... Before poverty it sounds like a sentence. And getting out of it is very difficult.