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October 7, 2022

Russia to spend billions on new weaponry

Moscow – 20 trillion roubles (over USD 650 bln) will be allocated to equipping the Russian army in the next 10 years, Voice of Russia reports. At a meeting dedicated to establishing the state armament programme for 2011-2020, Russian Prime Minister Vladimir Putin called this figure “frightful”, but the Russian army should become completely modernized as a result. “We must finally overcome the legacy of those years when the Army and Navy were hugely underfinanced,” said Putin at the meeting in the Arkhangelsk Region. The prime minister stressed that the whole of the Russian armed forces should be rigged with modern high quality equipment.

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