Putin to weigh US$10.5b stimulus plan with funding gap

Moscow

RUSSIA's government will present President Vladimir Putin on Wednesday with a US$10.5 billion plan to revive the shrinking economy. The problem is where some of the money will come from.

The Economy Ministry is proposing 828 billion rubles (S$14.6 billion) of anti-crisis measures, according to a copy of the draft proposal submitted to the government and obtained by Bloomberg.