The Ministry of Finance proposed to cut defence spending by 6%


The Treasury offered departments to cut defense spending in the next three years by 6%. About this newspaper Vedomosti, citing Federal officials.

One of interlocutors of the edition told that 1% of the proposed savings will reallocate to priority programmes and projects. Employee of the Ministry of defense said that the Ministry of Finance proposes to reduce all expenses under article “national defence”, which in 2016 it is planned to spend 3,157 trillion If the reduction is 6% in nominal terms still occur, it will save about 190 billion rubles in 2017, the newspaper notes.

Official financial-economic bloc announced that all expenses, except social, the Ministry of Finance proposes to reduce by 6% in 2017 compared to 2016, including 1% reserved for implementation of priority projects and programmes managed project office in the government.

According to Department of defense employee, the Agency is aware of the proposals of the Ministry of Finance. In case approved, would be to decline all costs, but the main focus will be on cost optimization for the procurement and development of weapons and capital construction. The Manager of the defense companies reported that programs that will be executed in longer periods due to the reduction of costs will be discussed on September 9 at the meeting on the new state armaments program until 2025, under the leadership of the President of Russia Vladimir Putin.

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