Wednesday, 24 October 2012

Russia would spend some 250 billion U.S. dollars for national defense in the next three years

Russia would spend 7.7 trillion rubles (some 250 billion U.S. dollars) for national defense in the next three years, a high-ranking member of the State Duma said Wednesday, October 24, 2012. By 2020 some 645 billion dollars would be used to develop and procure modern weapons, said Vladimir Komoyedov, head of the Defense Committee of the State Duma.
Russian President Vladimir Putin has repeatedly urged the Russian military to increase the country's defense capability.

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