MOSCOW. Dec 28 (Interfax) - President Vladimir Putin has tasked the Defense Ministry with completing the formation of an optimal structure of military spending in the nearest future.
"I am drawing your attention: we should come up with an optimal structure of military spending in the nearest future. No more than 30% of the means should go to the maintenance of the Armed Forces, and about 70% to their equipment and development," Putin said at a Friday ceremony in the Kremlin that presented high-ranking officers taking new positions or receiving new military ranks.