Russian Prime Minister Dmitry Medvedev has warned his cabinet that the country is unlikely to pour more money than planned into its defense industry over the next three years.
Medvedev is in the process of outlining Russia’s budget for the next three years, holding regular meetings with cabinet members to fix spending and offset the effects of lower oil prices.
Russia’s investment in its military-industrial complex was the topic of discussion at a meeting Thursday and the prime minister was keen to curb hopes among defense officials that added funds would be released.
“Currently, in the defense-industrial sector there are six government programs …read more
Source: Newsweek
