Russia's military budget almost halved
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MOSCOW. Dec 23 (Interfax) – The military budget of the Russian Soviet Federative Socialist Republic for 1992 will be almost halved, a representative of the Russian parliamentэы budget commission said.
However expenditure on the army alone will grow about five-fold to 500 billion–600 billion rubles, with the bulk of it to be spent on social programs, housing construction, salaries for servicemen, as well as the conversion programs.