MOSCOW, November 24 (RIA Novosti)
Over 1 trillion rubles ($30 billion) will be spent on the provision of arms and military equipment to the Russian Armed Forces next year, Deputy Prime Minister Sergei Ivanov said on Thursday.
That is 17% up on the previous year, he said.
A total of 4 trillion rubles will be earmarked for these purposes over the next three years, Ivanov said.
Some 60% of the funding under government defense contracts will be spent on the procurement of advanced weaponry.
Such funding levels are quite significant, Ivanov said, adding that “it is inappropriate” to suggest that funding for defense and security programs is “insufficient.”
It is of paramount importance now to ensure that these funds are put “to good use,” Ivanov said.
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Sevastopol became Russia’s main naval base on the Black Sea, a role it was to play for many years. A total of 25,000 servicemen, not including civilian staff, are employed at the Black fleet’s facilities. When the families of these servicemen are taken into account, this figure grows to more than 100,000 people.