EU set to approve expansion of anti-Russia sanctions due to Siemens by August — sourceWorld July 28, 11:20
FSB detains Central Asians on suspicion of plotting terrorist attacks in St PetersburgWorld July 28, 11:16
At least 48 people injured in Barcelona train accidentWorld July 28, 10:17
Expert warns new sanctions against Russia may drive wedge between US and EUWorld July 28, 8:25
US Senate passes bill toughening anti-Russia sanctionsWorld July 28, 3:10
Launch of Sentinel-5p satellites scheduled for fallScience & Space July 28, 1:01
Russia, China round up joint naval exercise in Baltic SeaMilitary & Defense July 27, 21:27
Chechen leader says he is ready to quit his job to protect al-Aqsa Mosque in JerusalemSociety & Culture July 27, 21:07
Russian tennis star Sharapova granted wildcard for WTA tournament in CincinnatiSport July 27, 20:11
Military defence spending will rise in 2015 by 21.2% on 2014 to reach $78 bln.
“This means the real growth of defence expenses, as the inflation rate is planned at 6% in the draft budget in 2015. Meanwhile, in 2016-2017 the real growth of military expenditures will be low and close to the inflation rate: 7.8% in 2016 and 4% in 2017,” the daily reported.Detailed distribution of expenditures on the largest defence budget articles for weapons purchases, personnel and combat training was not made in the draft budget. Only scientific-research and research-and-development spending are envisaged in separate large articles of the main financial document. Meanwhile, according to the draft budget, $6,5 bln. are planned to be spent on weapons development in 2015.
This draft budget means that military expenses will increase next year despite all foreign and home economic problems approximately in the same amount that was planned in the previous year, expert of the Centre of Analysis of Strategies and Technologies Konstantin Makienko believed. However, the real growth of spending on weapons purchases may be not so large as it seems to be, because each year price growth in defence industry exceeds the inflation rate set officially, the expert noted.