January 16, 2020 / 12:12 PM / a month ago

Russia's PM designate says Putin's social pledges will cost $65 billion

MOSCOW (Reuters) - President Vladimir Putin’s nominee for prime minister, Mikhail Mishustin, told parliament on Thursday that social pledges made by Putin during his state of the nation speech will cost 4 trillion roubles ($65 billion/£49.8 billion) over four years.

Reporting by Vladimir Soldatkin and Katya Golubkova; writing by Tom Balmforth; editing by John Stonestreet

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