The President said this at the Council for Strategic Development and National Projects.

He stated that the main goal of the national projects is to reduce poverty in Russia.

Putin noted that by the end of 2021, the poverty rate had fallen to 11%.

“Yes, there is progress, of course, but its pace and speed are obviously insufficient,” the head of state said.

Earlier, Putin instructed to ensure in 2022 a reduction in the level of poverty and income inequality.