Tag Archives: Russia to Up Nuclear Weapons Spending 50% by 2016

Russia to Up Nuclear Weapons Spending 50% by 2016

Posted by aurelius77 on

MOSCOW, October 8 (RIA Novosti) – Russia is to increase annual spending on nuclear weapons by more than 50 percent in the next three years, a parliamentary defense committee said Tuesday.

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The draft federal budget provides for a 60 percent increase in overall national defense spending by 2016, according to the report, rising from 2.1 trillion rubles this year to 3.38 trillion rubles in 2016. Continue reading →