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Search resuls for: "Ilya Pitalyov"


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They show that in the first half of 2023 alone, Russia spent 12%, or 600 billion roubles, more on defence than the 4.98 trillion roubles ($54 billion) it had originally targeted for 2023. Defence spending in the first six months of 2023 amounted to 5.59 trillion roubles, 37.3% of a total 14.97 trillion roubles spent in the period, the document showed. Between 2011 and 2022, Russia spent a minimum of 13.9% and a maximum 23% of its budget on defence. Russia has already spent 57.4% of its new annual defence budget, the document showed. Funding for schools, hospitals and roads was already being squeezed this year in favour of defence and security, but as the share of defence spending grows, other areas could face cuts.
Persons: Vladimir Putin, Ilya Pitalyov, Denis Manturov, Dmitry Polevoy, Yevgeny Suvorov, Suvorov, Mike Collett, White, Philippa Fletcher Organizations: Sputnik, Reuters, Defence, MMI Telegram, Bank of Russia, Monetary Fund, Thomson Locations: Russian, Saint Petersburg, Russia, Ukraine, Moscow, Locko
MOSCOW, Jan 18 (Reuters) - President Vladimir Putin said on Wednesday that Russia's powerful military-industrial complex was ramping up production and was one of the main reasons why his country would prevail in Ukraine. "In terms of achieving the end result and the victory that is inevitable, there are several things ... Putin said Russian arms companies manufactured about the same number of anti-aircraft missiles as the rest of the world combined, and three times more than the United States. "These are our historical territories," he said - a reference to the fact that large parts of today's Ukraine were once part of the Russian Empire. Putin was born in Leningrad in 1952 and began his foreign intelligence career in the city with the Soviet KGB.
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