Russia to Increase Funds for State Defense Order ?

Financing of State Defense Order in 2012 can be increased up to RUR 1.769 trillions, in 2013 spendings nay grow up to RUR 2.236 trillions, and in 2014 – up to RUR 2.625 trillions, said Russian Deputy Prime Minister Sergei Ivanov.

The draft budget has been already formed; it meets parameters of federal budget and considers credit funds obtained by defense companies under governmental guarantee”, said Ivanov at the session of Military Industrial Committee. “Growth of defense spendings is quite considerable. Namely, in 2012 financing of state defense order is planned at the level of RUR 1.769 trillions, in 2013 – RUR 2.236 trillions, in 2014 – RUR 2.625 trillions”, he added.

According to Ivanov, the government’s draft resolution on State Defense Order 2012 must be submitted to approval of Prime Minister Vladimir Putin on Dec 4. As for Ivanov, it would mean that after approval of the document all contracts of 2012 could be signed in this year.

It was earlier reported that the government would appropriate RUR 1.5 trillions for defense order in 2011. Apart from Defense Ministry, FSB, and Ministry of Internal Affairs​, the state orderers of the program are EMERCOM, Federal Protection Service, Foreign Intelligence Service, Federal Drug Control Service, Federal Penal Enforcement Service, Federal Special Construction Agency, and Rosatom State Nuclear Energy Corporation.

(1.76900 trillion Russian rubles = 56.494784 billion U.S. dollars)

Shipbuilding Tribune Staff, November 28, 2011;

 

Share this article

Follow World Maritime News

Posted on November 28, 2011

In Depth>

Events>

<< Jul 2016 >>
MTWTFSS
27 28 29 30 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

SEATRADE CRUISE MED 2016

The conference is a leading platform for discussion and debate on issues confronting the cruise industry in the Mediterranean and its adjoining seas…

read more >

SMM 2016

SMM Hamburg 2016 is the leading international forum of the maritime industry.SMM offers the unique chance for exhibitors and trade visitors…

read more >

5th Annual Salvage & Wreck Asia Conference

Hear industry leaders debate:
• Combating piracy in South Asia
• Preparing for industry growth in the cruise ship sector…

read more >

Global Liner Shipping Asia Conference

Alliances analysed – will changes have a positive or negative impact on the industry?
Lloyd’s List/Containerisation International Business Briefing…

read more >