Russia for the first time in 20 years has reduced military spending

Russia’s military spending in 2017 fell for the first time since 1998. This is evidenced by the figures of the report of the Stockholm international Institute for peace studies (SIPRI).

Compared with the year 2016, Russia has reduced its military spending by 20 percent to 66.3 billion dollars. “Modernisation of Armed forces remains a priority for Russia, however, the military budget was cut due to the economic problems which the country faced in 2014.

In the countries of Central and Western Europe the rise of such expenses — 12 and 1.7 percent, respectively. This is due to the fact that member States of NATO have agreed to increase payments from the Treasury for defense. All members of the Alliance identified in 2017 for military spending of $ 900 billion.window._settings.components.videoLoader = window._settings.components.videoLoader || {
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On the first line of this rating was fixed United States (610 billion dollars), in second place was China (228 billion), took third place in Saudi Arabia (69,4 billion). Russia was fourth, with five closes of India (63,9 billion dollars).More important news Telegram-channel “Tape days”. Signed!