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No base for cutting Russia's armaments program — Defense Ministry

October 10, 2014, 17:41 UTC+3 MOSCOW
The Defense Ministry was expecting better parameters of fulfilling the state defense contract against last year, Deputy Defense Minister Yury Borisov says
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Deputy Defense Minister Yury Borisov

Deputy Defense Minister Yury Borisov

© ITAR-TASS/Mikhail Klementiev

MOSCOW, October 10. /TASS/. There are no objective prerequisites for cutting budget spending on the state program for armaments, Deputy Defense Minister Yury Borisov said on Friday.

“There are no objective pre-requisites, contrary to what several media outlets, including Russian, said to the effect the Russian industry was unprepared to cope with such ambitious plans. This factor should not be used for reducing liabilities and amounts of financing,” Borisov declared.

He said the Defense Ministry was expecting better parameters of fulfilling the state defense contract against last year.

Borisov said that it would be entirely wrong to blame everything on the grave economic situation and the oil price slump. “It is possible to change situations and to identify goals for the whole industry that will make it possible to overturn the downtrend.”

“The rates of production must be increased by cutting costs or introducing new technologies and optimizing management,” Borisov said. He explained that in this way it would be possible to adjust macroeconmic forecasts. Then there will be no reasons for raising the question of cutting spending on the armaments program.

Earlier, Borisov said that the state defense contract for 2015-2017 would not be sequestrated.

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