Russian Defense Spending Going Down After Record Growth in 2015
07:17 13.10.2016
Russian national defense spending had a record growth of the post-soviet time last year, surpassing 28 percent, the Russian Vedomosti newspaper reports.
MOSCOW (Sputnik) – In 2014, the country's defense spending grew by 17.9 percent over the previous year, while in 2015, it increased by 28.3 percent, the newspaper said citing a Russian Defense Ministry source.
According to Vedomosti, Russia's defense spending started going down in 2016 and the tendency will continue.
In 2015, Russia's defense spending decreased by a total of about 100 billion rubles (over $1.5 billion), according to the defense ministry source cited by Vedomosti.
© Sputnik
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