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Thursday, June 29, 2017

The Finance Ministry proposed to cut military spending


The Russian Ministry of Finance has proposed to reduce military spending by 6% in the next three years. This will save about 190 billion rubles next year.

“Defense spending in the next three years will be 6% lower than this year… we are Talking about all the expenditures under “national defense”. In 2016 it is expected to spend 3,157 trillion rubles,” — write “Vedomosti”.

 

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