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Keyword: 11trillionrubles

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  • Putin pledges over $126 billion in public spending as election looms

    03/11/2024 7:21:12 AM PDT · by marcusmaximus · 39 replies
    Reuters ^ | 3/11/2024 | Darya Korsunskaya
    President Vladimir Putin is set to extend his 24 years as Russia's paramount ruler in an election on March 15-17 and has promised more than 11.5 trillion roubles ($126.5 billion) in infrastructure and social spending over the next six years. "This is the programme of a strong, sovereign country that confidently looks to the future," Putin told Russia's elite including lawmakers in a speech on Feb. 29. "We have both the resources and tremendous opportunities to achieve our goals." Russia's total budget spending in 2024 is planned at 36.6 trillion roubles, with military expenditure set to exceed social spending for...