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Economic Minister: Plan to Revive Russian Economy to Cost $11.7 bln

A Russian government plan to shore up the recession-battered economy will cost around 880 billion rubles ($11.7 billion), Economy Minister Alexei Ulyukayev told a Cabinet meeting on Thursday. Some of these funds have already been factored into the 2016 federal budget, Ulyukayev said, but the government still needs to find additional money. Some 185 billion rubles will be allocated from the budget's anti-crisis fund and there is also some money left over from last year's budget,...

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