- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Expenditures for Russian Defense, Security Need Further Optimization

© Sputnik / Alexander Astafiev / Go to the mediabankRussian Prime Minister Dmitry Medvedev
Russian Prime Minister Dmitry Medvedev - Sputnik International
Subscribe
Russian Prime Minister Dmitry Medvedev said that expenditures for Russia’s defense and security are very large and need further optimization.

President Vladimir Putin holds meeting on economic issues - Sputnik International
Russia
Russian PM Medvedev Signs Directive on Key Points of Anti-Crisis Plan
MOSCOW (Sputnik) Expenditures for Russia’s defense and security are very large and need further optimization, Russian Prime Minister Dmitry Medvedev said Tuesday.

“In regard to expenditures for defense and security, then these are really very considerable and it’s completely understandable that this is defined because of political reasons, but at the same time there are of course resources that need further optimization,” Medvedev said during a Finance Ministry meeting in Moscow.

In late January, Russian Deputy Prime Minister Igor Shuvalov said the government would not reduce its defense budget despite the downturn in the country's economy. At the same time, most budget categories would see expenses reduced by 10 percent.

In December 2014, Russian President Vladimir Putin vowed to boost national defense spending to $50 billion in 2015.

Earlier the same month, Russian Finance Minister Anton Siluanov said the country's defense and security spending was too high, accounting for one third of the federal budget.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала