Support The Moscow Times!

$62Bln for Military

The government will spend a record 1.9 trillion rubles ($61.75 billion) on defense next year, a sum that constitutes about 19 percent of the 2011 federal budget, Finance Minister Alexei Kudrin said Monday, RIA-Novosti reported.

Kudrin made the comments while meeting with Prime Minister Vladimir Putin.

The military is undergoing a massive reform aimed at updating and streamlining the 1 million-member force. The reform, headed by Anatoly Serdyukov, a civilian defense minister, has met with resistance from within and criticism from former officers.

Last month, a Finance Ministry official told Vedomosti that the defense sector would get about 1.5 trillion rubles in 2011, which would have been a 19 percent increase from this year.

(MT)


… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue

Read more