The Russian government only recently forced through a similar 10 percent budget cut. However, that directive came straight from Putin, and the Russian leader refused

Russia will have to cut budget spending this year as revenue declines due to Western sanctions and a fall in the price of oil, the country’s finance minister said.

The military budget of the Russian Federation is the portion of the overall budget of Russia that is allocated for the funding of the Armed Forces of the Russian

Money put towards defense could reach 21 percent of the Russian budget by 2017, as the industry switches to independent domestic production from imports, a popular

Russian national defense section will finance the Russian budget in 2017-2019, Russian President Vladimir Putin said Friday at an annual press conference.

Russia recorded a Government Budget deficit equal to 2.60 percent of the country’s Gross Domestic Product in 2015. Government Budget in Russia averaged 1.42 percent

Jun 14, 2016 · Russia’s Prime Minister Dmitry Medvedev is getting worried. On Wednesday, Medvedev sounded alarm bells that a persistent budget deficit would lead to

The Federal budget of Russia (Russian: Федеральный бюджет России) is the leading element of the Budget system of Russia.

Russia’s defense budget will be cut by 5 percent in 2016, Russian Deputy Defence Minister Tatiana Shevtsova said, according to the RIA news agency.

Sep 29, 2014 · TODAY Russia submitted its budget to the Duma, the lower house of the parliament. After three rounds of discussions, Vladimir Putin, the president, will