Russia is still making progress in economic growth since the collapse of the USSR in the early 1990s. Since 2001, the middle class has continued to expand, and the number of those in poverty is steadily declining. Russia is struggling to attract both foreign and domestic investments and also faces the challenge of rising inflation.
HOPE in Russia
HOPE Russia clients have realized dreams of expanding retail businesses and opening new shops to support themselves and their families. Despite new government regulations that have added extra hurdles to owning a small business, the number of HOPE Russia clients substantially grows each year.
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