Login

 

Forgot password?
submarines shipbuilding Black Sea Fleet exercise Pacific Fleet Russian Navy Northern Fleet strategy cooperation Ukraine visits Russia piracy missiles trials Sevastopol history Sevmash presence contracts drills Baltic Fleet industry incident anti-piracy shipyards training Gulf of Aden frigate Somalia India developments reforms opinion Borei procurements policy Russia - India aircraft carrier Crimea arms exports USA St. Petersburg tests France financing Bulava Yury Dolgoruky Serdiukov US Navy cruise Mediterranean Zvezdochka NATO innovations United Shipbuilding Corporation Indian Navy Medvedev Arctic agreements commission Admiralteyskie Verfi Admiral Gorshkov Mistral Vladivostok accident hijacking corvettes overhaul Admiral Kuznetsov anniversary Russia - France Rosoboronexport Vysotsky event ceremony Yantar Severomorsk defense order negotiations conflict aircraft China deployment naval aviation Putin investigations Black Sea Varyag coast guard Novorossiysk Vikramaditya landing craft Far East crime marines Severnaya Verf meeting scandals memorials Syria traditions South Korea Japan escort statistics Neustrashimy Yasen tenders Admiral Chabanenko convoys Marshal Shaposhnikov Ukrainian Navy Chirkov problems Severodvinsk reinforcement tension technology firings tragedy Baltic Sea frontier service Almaz search and rescue upgrade hostages Caspian Flotilla provocation Moskva court Dmitry Donskoy Turkey keel laying rumors helicopters death Kilo class shipwreck Admiral Panteleyev Atalanta World War II Petr Veliky Kaliningrad Admiral Vinogradov Norway Rubin delivery launching patrols
Search
Our friends russian navy weapons world sailing ships
 
Tell a friend Print version

Putin: Rising Defense Budget Will Improve Russian Economy

Putin: Rising Defense Budget Will Improve Russian Economy 07.10.2011
Text: RIA Novosti
Photo: Vladimir Putin speaking at investment forum. premier.gov.ru
Russian Prime Minister Vladimir Putin considers growth of defense spendings reasonable, since it would allegedly contribute to improvement of national technological stance and economy development.

"I'm sure that relying on our technological background, capabilities, personnel reserve, and conducting weighted macroeconomic policy, we will provide required economy growth rates and national security", said the head of Russian Government addressing the Russia Calling investment forum.

"Certainly, that would contribute not only to rearmament of national armed forces but to general improvement of real sector's technological level. And considerable part of that equipment will be oriented at civil production", added the premier.

Back to the list





Back to news list