MOSCOW: President Vladimir Putin said on Monday that Russia would cut its military spending, a day after he won a presidential election with a landslide.
“We have plans to decrease our defence spending both this year and next. But this will not lead to any decline in the country’s defence capacity,” he said during a meeting with other candidates.
“We will not allow for any sort of arms race,” he said.
Putin appeared to set the course for exactly that when he unveiled a new generation of “invincible” nuclear weapons during a state of the nation address earlier this month.
He presented Russia’s …read more
Source: theSun
