Contents tagged with defense expenditure
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Putin announces reduction in Russia's defense expenditure
One of the saving goals of the 2018 budget is to reduce defense expenditure, but this will not affect the plans to retrofit the army and the navy. The state will fulfill the defense order. Russian President Vladimir Putin made a statement to this effect at a meeting with United Russia party leader Vladimir Vasilyev in the State Duma. A transcript of the meeting was published on the Kremlin’s website.
Putin noted that “significant budget savings” are planned.
“We will fulfill the state defense …