04/08/2023 | News | Statements
25/02/2015 | News
Despite faltering economy, Russia will continue defense upgrade
February 25, 2015 by IPB
by Daniel Costa-Roberts
In the face of a moribund economy and growing tensions with the west, Moscow will move ahead with a planned decade-long upgrade of the Russian military, raising 2015 defense spending to 3.3 trillion rubles ($50 billion), a 30 percent nominal increase over last year.
