Sourced: Agence France-Presse
President Vladimir Putin has said on that Russia would cut its military spending, a day after he won a presidential election with a landslide.
‘We have plans to decrease our defence spending both this year and next. But this will not lead to any decline in the country’s defence capacity,’ he said during a meeting with other candidates on 19 March.
‘We will not allow for any sort of arms race,’ he said.
Putin appeared to set the course for exactly that when he unveiled a new generation of ‘invincible’ nuclear weapons during a state of the nation address earlier this month.
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