Dmitry Peskov confirmed the reductions in Russia defense spending

Dmitry Peskov confirmed the reductions in Russia defense spending

Press Secretary of the President Dmitry Peskov confirmed that the trend of declining defence spending in Russia is actually observed, but the figures given by the Stockholm international Institute for peace studies (SIPRI) “not quite true”.

Mr. Sands noted that such trends have previously said the President of Russia Vladimir Putin. According to the official representative of the Kremlin, it is due to the fact that the Russian army has already completed extensive work on technical and technological upgrade.

SIPRI said yesterday that Russia in 2017 for the first time in 19 years of reduced defense spending. These data were presented in the report of the Institute. According to experts, the cost of the army in Russia last year decreased by 20% to $66.3 billion

Read more in the publication “Kommersant” “the Military budget has declined”.

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