Russia to save 700 billion rubles and redistribute 1 trillion in 2016
The Russian government plans to save about 700 billion rubles by cutting inefficient spending and redistribute around one trillion rubles in the 2016 budget, including social spending, Prime Minister Dmitry Medvedev said at a government meeting. “We are working on reduction of inefficient budget spending. We plan to save around 700 billion, even more, this…