: :inin Kyiv (EET)

Russia, hit by coronavirus crisis, low oil prices, considers cuts in arms spending

Russia is considering cutting spending on the military as low oil prices and the coronavirus crisis have pummeled its economy, a document published by the finance ministry shows.The ministry has proposed the government cut state spending on the military by 5 percent between 2021 and 2023. The proposal, published on Monday, also includes budget spending cuts of 10 percent for other types of spending but excludes the court system, the servicing of Russia’s debt and wages for civil servants.: Russian Sputnik V COVID-19 vaccine safe, created immune response in all recipientsLast year it returned as the world’s fourth largest military …read more

Source:: Al Arabiya



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