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Sanctions force Russsia to cut back on military spending

Sanctions force Russsia to cut back on military spending

May 2, 2018 by DailyTimes.pk

Russia’s military spending fell sharply in 2017 for the first time since 1998 as a slew of Western economic sanctions hit government coffers hard, a closely followed review said Wednesday. Despite soaring tensions between Moscow and the West, Russia’s military expense last year came in at $66.3 billion (54.9 billion euros), 20 percent lower than […]

Filed Under: International Tagged With: russia military spending, Sanctions force Russsia to cut back on military spending, sanctions on russia

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