MOSCOW, April 21. /TASS/. The Russian government will spend roughly 400 bln rubles ($5.2 bln) on social initiatives in two years, Finance Minister Anton Siluanov told reporters on Wednesday.

"In two years, that is roughly 400 bln rubles, the biggest part of which - around 270 bln rubles - [will be spent] this year, and about 130 bln rubles - next year," he said.

President Vladimir Putin said in his annual State of the Nation Address to the Federal Assembly earlier on Wednesday that Russia will introduce a financial stimulus package for children aged 8-16, who live in single-parent families, to the tune of 5,650 rubles ($73) per month, by July 1. Besides, pregnant women in a challenging financial situation will receive payments of 6,350 rubles ($82) per month (after the sixth week of pregnancy).

In addition, families with school-age children and future first-graders will get 10,000 rubles ($130) this year.