adminCommittee of the State Duma.
“The huge fund should be effectively used for equipping the army and navy with the latest technology,” he added.
Compared with this year’s US$61 billion, the planned national defence spending would reach US$68 billion in 2013, US$81 billion in 2014 and more than US$100 billion in 2015, he said.
He added that Russia would spend over US$935 million in 2013 for upgrading its nuclear arsenal, marking a 6 percent increase from this year.
Among the enormous efforts to modernise its potential, Russia plans to commission eight fourth-generation strategic nuclear submarines by 2020, which are expected to carry the newest Bulava intercontinental ballistic missiles.
President Vladimir Putin has repeatedly urged the Russian military to increase the country’s defense capability amid the “growing use of force in international affairs”. — Xinhua.
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- Herald
- August 1, 2026
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President honoured . . . Recognised as Outstanding Humanitarian by Red Cross
Wallace Ruzvidzo Herald Reporter President Mnangagwa has been recognised as an outstanding humanitarian by the Red Cross and has since successfully fulfilled all requirements to qualify as a Life Member…
