Did Russia Just Cut Its Defense Budget by a Whopping 25 Percent?

March 20, 2017 | Courtesy of nationalinterest.org

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Dave Majumdar

Security, Europe

A new report from Jane’s suggesting that the Kremlin is undertaking draconian defense cuts is wrong, a top analyst specializing in Russian affairs says. While the Jane’s report cites cuts of twenty-five percent—or one trillion rubles—the actual reductions are only about seven percent or roughly 230 billion rubles.

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