Kremlin Decides to Cut Spending by 24 Billion Euros As it Continues to Face Western Sanctions

The Kremlin is set to cut its future spending plans by 24 billion Euros as sanctions from the West continue to hit Russia. The Russian media has claimed that the country will be cutting its defense, transport, and technology budgets in the future.

Over 1.6 trillion Rubles have been reduced from the state budget of Russia over the next three years as the country braces for a two-year-long recession.

In 2023, the spending wil....