‘It will hurt them’: Why Putin plans to cut defense budget while West arms up?
Amidst rising NATO defense budgets and warnings of a potential Russian attack, President Putin announced a reduction in Russia's military spending, currently at 6.3% of GDP, citing inflation concerns. He dismissed NATO's buildup as non-threatening while acknowledging stalled peace talks with Ukraine due to conflicting proposals.
Amidst rising NATO defense budgets and warnings of a potential Russian attack, President Putin announced a reduction in Russia's military spending, currently at 6.3% of GDP, citing inflation concerns. He dismissed NATO's buildup as non-threatening while acknowledging stalled peace talks with Ukraine due to conflicting proposals.
