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World News

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

Mikhail Mishustin, who was nominated by Russian President Vladimir Putin as the candidate for the post of Prime Minister, speaks during a session of the State Duma, the lower house of parliament, in Moscow, Russia January 16, 2020. REUTERS/Evgenia Novozhenina

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) over four years.

($1 = 61.6725 roubles)

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

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