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Russia’s spending on state armament program to reach $40 bln in 2015 — Defense Ministry

April 15, 2015, 20:44 UTC+3 MOSCOW
The deputy defense minister said in an interview with Rossiya-24 TV Channel that some defense spending items would be cut
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© Yevgeny Kurskov/TASS

MOSCOW, April 15. /TASS/. Russia will allocate 2 trillion rubles (about $40 billion) in 2015 to finance the state armaments program, Deputy Defense Minister Tatiana Shevtsova said on Wednesday.

The deputy defense minister said in an interview with Rossiya-24 TV Channel that some defense spending items would be cut.

"At the same time, the sequestration has not affected the state armaments program. For 2015, the spending totals 2 trillion rubles," Shevtsova said, adding that the funds allocated for defense needs should be tightly controlled.

Shevtsova said earlier the spending on the state armaments program would not be cut. She added that the program’s share in the Defense Ministry’s budget was constantly increasing, from 37% in 2013 to almost 62% by 2015.

Deputy Defense Minister Yuri Borisov earlier said the state defense order in 2015 would amount to 1.8 trillion rubles (about $36 billion). In 2014, it equaled about 1.7 trillion rubles ($34 billion) and was planned to be increased by approximately 20%.

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