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Putin stresses on social measures

Russia's new President Vladimir Putin has instructed the government to adopt a number of social measures including significant reduction in mortgage loan rates, the Kremlin has stated.

Putin has directed to reduce mortgage loan rates to 2.2 per cent by 2018. He has also pushed for state measures to increase real wages 1.4-1.5-fold by 2018 and ensure the average lifespan in Russia must reach at least 74 year. He has also instructed the government to set forth measures that will help give new homes to at least 60 per cent of those families who want to improve their living conditions.

By the end of June, state scholarships for first-year and second-year students should be increased.
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