SITUATION REPORT

Russia: Former Finance Minister Warns Against Cutting Defense Budget

Oct 15, 2020 | 21:43 GMT

Russia's former finance minister and current head of its Accounts Chamber, Alexei Kudrin, told legislators that their plans to reduce the country’s defense budget to 2.5 percent of GDP by 2030 will put military spending below the required level to guarantee national security, Ros Business Consulting reported Oct. 15. ...

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