NEWSLINK: “Before Election, Putin Offers $8.6 Billion to Russians to Have More Babies” – Bloomberg/Jake Rudnitsky, Olga Tanas

Couple in Hospital with Newborn

“… The government will spend 500 billion rubles ($8.6 billion) over three years on measures to encourage Russians to have more babies, including mortgage subsidies and payments to new and growing families …. The money will come from government reserves and won’t require changes in the budget, Finance Minister Anton Siluanov told the upper house of parliament. …”

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