Russia announces arms-spending hike ...News

Russia Today - News
Russia announces arms-spending hike
source : Russia Today ( News ) () 44
Defense Minister Sergey Shoigu says increasing spend by 50% in 2023 will ensure combat-ready units are saturated with weapons Russia is on track to spend nearly one and a half times on defense next year as in 2022, the country’s Defense Minister Sergey Shoigu has revealed. The official on Wednesday explained that the hike will help ensure a 97%-saturation of combat-ready units with weaponry and hardware. In late September, media outlet Vedomosti claimed, citing government documents, that Moscow had spent 4,679 trillion rubles on defense ($77 billion). According to the article, this figure is expected to further r

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