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Russia to spend $9 billion to rebuild supply chains, PM says – Metro US

Russia to spend $9 billion to rebuild supply chains, PM says

Russian Prime Minister Mikhail Mishustin chairs a meeting in Moscow
Russian Prime Minister Mikhail Mishustin chairs a meeting in Moscow

(Reuters) – Russia plans to spend 1 trillion roubles ($9 billion) on so-called anti-crisis measures, Prime Minister Mikhail Mishustin said on Tuesday, as the government tries to at least partially offset the impact of fresh western sanctions.

The plan includes more than 100 proposals and is to be updated, Mishustin said, to rebuild production and supply chains.

($1 = 110.5070 roubles)

(Reporting by Reuters; Editing by David Goodman)