He said this during a meeting of the Valdai International Discussion Club.

“From what we managed to do - listen, we had 40 million people below the poverty line.

Today there is an exorbitant amount - more than 19 or 20 according to various estimates, but still it is not 40, ”the President noted.

According to him, “this is perhaps the most important result” of his work.

Putin also said that Russia, shaping its approaches, will be guided by the principles of reasonable conservatism.