We are 'probably the only great military power' to reduce its defense spending, Putin says | WHAT REALLY HAPPENED


We are 'probably the only great military power' to reduce its defense spending, Putin says

Russia manages to remain a great military power despite decreasing its defense budget, while other countries keep pumping money into their armies, Vladimir Putin said, during his annual Direct Line Q&A session.

“We are probably the only great military power that is reducing its defense spending,” the President pointed out.

At around $48 billion, “Russia is just seventh in the world in absolute value” when it comes to the size of the military budget, he reminded his audience.

“We are surpassed –sizably– by the US, which spends $720 billion dollars” and by other countries, including Saudi Arabia, UK, France and Japan, he said.

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