Russian President Vladimir Putin recently directed his nation's parliament to develop a plan to reduce the country's falling birthrate. In a speech to parliament on May 10, 2006, Putin called the problem of Russia's dramatically declining population, "The most acute problem of contemporary Russia."
The president called on parliament to provide incentives for couples to have a second child to increase the birth rate in order to stop the country's plummeting population.
Russia's population peaked in the early 1990s (at the time of the end of the Soviet Union) with about 148 million people in the country. Today, Russia's population is approximately 143 million. The United States Census Bureau estimates that Russia's population will decline from the current 143 million to a mere 111 million by 2050, a loss of more than 30 million people and a decrease of more than 20%.
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