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Good, let's hope it gets put to good use!Austin wrote:Russian Military Spending to Increase Next Year Despite Sanctions - Reports
MOSCOW, September 17 (RIA Novosti) – Russian military spending will grow in 2015 as planned despite the economic problems the country is currently facing, the Vedomosti newspaper reports Wednesday citing a note to the draft 2015-2017 federal budget.
The national defense allocations for the federal budget are planned to increase by 21.2 percent next year, reaching 3.032 trillion rubles ($79 billion).
"This means real growth in defense spending, since, according to the draft, inflation is expected to stand at 6 percent in 2015. Meanwhile, in 2016 and 2017 the real growth rate in military spending will be negligible and close to inflation: 7.8 percent in 2016, reaching 3.23 trillion rubles [$84 billion], and 4 percent in 2017, reaching 3.36 trillion rubles [$87 billion]," Vedomosti reports.
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Military budget of the Russian Federation
Mike E- Posts : 2619
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higurashihougi- Posts : 3082
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Location : A small and cutie S-shaped land.
Several news agency said that, on 7th October, Russian Minister of Finance Anton Siluanov claimed that Russia do not have enough money for the total modernization of the Army and he demanded a cheaper and more cost-effective program.
http://www.rferl.org/content/russia-siluanov-finance-minister-military-spending/26625888.html
http://www.reuters.com/article/2014/10/07/us-russia-economy-spending-defence-idUSKCN0HW1H420141007
Andbody who can read Russian please verify this information. If the information is true, I have to say this is not a good news.
http://www.rferl.org/content/russia-siluanov-finance-minister-military-spending/26625888.html
http://www.reuters.com/article/2014/10/07/us-russia-economy-spending-defence-idUSKCN0HW1H420141007
Andbody who can read Russian please verify this information. If the information is true, I have to say this is not a good news.
AlfaT8- Posts : 2463
Points : 2454
Join date : 2013-02-02
Sounds like another Serdyukov to me.higurashihougi wrote:Several news agency said that, on 7th October, Russian Minister of Finance Anton Siluanov claimed that Russia do not have enough money for the total modernization of the Army and he demanded a cheaper and more cost-effective program.
http://www.rferl.org/content/russia-siluanov-finance-minister-military-spending/26625888.html
http://www.reuters.com/article/2014/10/07/us-russia-economy-spending-defence-idUSKCN0HW1H420141007
Andbody who can read Russian please verify this information. If the information is true, I have to say this is not a good news.
Mike E- Posts : 2619
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Join date : 2014-06-19
Location : Bay Area, CA
This guy is financial, so I doubt he really cares much about the forces themselves. They can afford it, but they need to cut costs here and there etc (better manage the money going into projects).AlfaT8 wrote:Sounds like another Serdyukov to me.higurashihougi wrote:Several news agency said that, on 7th October, Russian Minister of Finance Anton Siluanov claimed that Russia do not have enough money for the total modernization of the Army and he demanded a cheaper and more cost-effective program.
http://www.rferl.org/content/russia-siluanov-finance-minister-military-spending/26625888.html
http://www.reuters.com/article/2014/10/07/us-russia-economy-spending-defence-idUSKCN0HW1H420141007
Andbody who can read Russian please verify this information. If the information is true, I have to say this is not a good news.
medo- Posts : 4342
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higurashihougi wrote:Several news agency said that, on 7th October, Russian Minister of Finance Anton Siluanov claimed that Russia do not have enough money for the total modernization of the Army and he demanded a cheaper and more cost-effective program.
http://www.rferl.org/content/russia-siluanov-finance-minister-military-spending/26625888.html
http://www.reuters.com/article/2014/10/07/us-russia-economy-spending-defence-idUSKCN0HW1H420141007
Andbody who can read Russian please verify this information. If the information is true, I have to say this is not a good news.
I think Putin will have to do the same as Medvedev did few years ago, when Kasyanov oppose financing of rearmament program and throw him out from government. Russia is on a brink of big war, WW3 and every cent spend on the denfense is worth a lot, because for every cent, they will not spend on defense, they will have to spend 10 $ for rebuilding of destroyed country. When the war start, it is too late to start investing in defense.
sepheronx- Posts : 8526
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Location : Canada
I dont see it on russian news. That said, they always try to slash the military budget, even when they barely had any money going to military.
Wont happen.
Wont happen.
sepheronx- Posts : 8526
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This is coming at the same time CB put $2B to help prevent devaluation of Ruble, even though they claimed they wouldnt. Something is fishy here.
Technically, military spending will benefit more than not with a reduced ruble. meaning cheaper products and the money is recirculated into the economy as workers get paid.
Maybe insteas, they should demand rubles for oil and gas. That will solve their.ruble problem. Which doesnt seem to be much of a problem.
http://www.zerohedge.com/news/2014-10-08/russia-central-banks-scrambles-halt-plunging-ruble-spends-over-2-billion-last-three-
In this article, only people complaining is about some food prices (possibly foreign food and also the fact the shops could be committing fraud by overcharging, and people complaining they cant travel to EU and buy goods, what not.). So I have a feeling Putin is allowing all of this so they end up tripping over themselves and they become public enemy #1
Technically, military spending will benefit more than not with a reduced ruble. meaning cheaper products and the money is recirculated into the economy as workers get paid.
Maybe insteas, they should demand rubles for oil and gas. That will solve their.ruble problem. Which doesnt seem to be much of a problem.
http://www.zerohedge.com/news/2014-10-08/russia-central-banks-scrambles-halt-plunging-ruble-spends-over-2-billion-last-three-
In this article, only people complaining is about some food prices (possibly foreign food and also the fact the shops could be committing fraud by overcharging, and people complaining they cant travel to EU and buy goods, what not.). So I have a feeling Putin is allowing all of this so they end up tripping over themselves and they become public enemy #1
magnumcromagnon- Posts : 8138
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higurashihougi wrote:Several news agency said that, on 7th October, Russian Minister of Finance Anton Siluanov claimed that Russia do not have enough money for the total modernization of the Army and he demanded a cheaper and more cost-effective program.
http://www.rferl.org/content/russia-siluanov-finance-minister-military-spending/26625888.html
http://www.reuters.com/article/2014/10/07/us-russia-economy-spending-defence-idUSKCN0HW1H420141007
Andbody who can read Russian please verify this information. If the information is true, I have to say this is not a good news.
Radio Free Europe is a Prima Faci case of a U.S. State Dept./Pentagon backed megaphone/echo-chamber/mouth-piece/black-propaganda media outlet, that still propagates the fanciable and fictitious myths and erroneous claims of the current Kiev junta, and I also pointed out in a "white-paper" (obtained through a FOIA request) that proved that Radio Free Europe was one of Stephen Bandera's earliest post-war supporters:
http://www.foia.cia.gov/sites/default/files/document_conversions/1705143/STUDIES%20IN%20INTELLIGENCE%20NAZI%20-%20RELATED%20ARTICLES_0015.pdf
Last edited by magnumcromagnon on Wed Oct 08, 2014 6:51 pm; edited 1 time in total
magnumcromagnon- Posts : 8138
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sepheronx wrote:I dont see it on russian news. That said, they always try to slash the military budget, even when they barely had any money going to military.
Wont happen.
It's Radio Free Europe, the crazy cat lady down the street has just as much credibility. Kudrin was given the boot for a reason, the more the Central Bank push's the 'Siloviki's' buttons, the greater likeness that Glazyev collectively gives them the boot and federalizes the whole damn operation!
par far- Posts : 3486
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I really hope that the Russians don't cut any budgets or any corners. If this is done correctly, then in 5-7 years, Russia will see the fruits of their hardwork(more arms exports=more jobs, resources to invest in advanced technology). The money has to go to the military and not to corruption(this is the big deal).
par far- Posts : 3486
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Join date : 2014-06-26
par far wrote:I really hope that the Russians don't cut any budgets or any corners. If this is done correctly, then in 5-7 years, Russia will see the fruits of their hardwork(more arms exports=more jobs, resources to invest in advanced technology). The money has to go to the military and not to corruption(this is the big deal).
The thing about corruption is that almost every army in the world has it, we will never because the mainstream media will never tell us but the US army has the most corruption. If you do research about the Iraq war and the Afghanistan war, then you will see that there was a lot of corruption and billions and billions of dollars were wasted. One the examples is the company that was hired to wash the soldiers uniforms were paid billions of dollars but they were cutting so many corners(using old machines, not enough water and in some causes don't using soap at all. There is video on YouTube where the soldiers are talking about how companies ripped off the US army and nothing was done.
sepheronx- Posts : 8526
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http://en.itar-tass.com/russia/753784
Figured it wasnt going to happen. Defense spending will still be on track.
Figured it wasnt going to happen. Defense spending will still be on track.
Mike E- Posts : 2619
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All bark, no bite...sepheronx wrote:http://en.itar-tass.com/russia/753784
Figured it wasnt going to happen. Defense spending will still be on track.
sepheronx- Posts : 8526
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Mike E wrote:All bark, no bite...sepheronx wrote:http://en.itar-tass.com/russia/753784
Figured it wasnt going to happen. Defense spending will still be on track.
Who? Defense ministry or Economics minister?
Economics minister is far from reliable as he cant provide a clear indication on amount of capital outflow or growth. Sad really for an economics minister.
Mike E- Posts : 2619
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sepheronx wrote:Mike E wrote:All bark, no bite...sepheronx wrote:http://en.itar-tass.com/russia/753784
Figured it wasnt going to happen. Defense spending will still be on track.
Who? Defense ministry or Economics minister?
Economics minister is far from reliable as he cant provide a clear indication on amount of capital outflow or growth. Sad really for an economics minister.
Who do you think? - The economics minister of course...
I've been hearing about funding cuts in the Russian rearmament programs for years now, and as we all know, only the opposite has occurred... - You are right about him though, they already *been* paying for this budget, so why the fuss?
kvs- Posts : 15110
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Mentally diseased monetarists. Massive defense spending is a direct stimulus to the Russian economy. It is what
the US has been doing for decades and it works. I often hear discussion that amounts to a claim that economy
knows what spending (money flow) is good and what is bad. No, the economy only cares about money flow. If
everyone put all their money under their mattress tomorrow, then the whole economy would crash. Cutting defense
spending will not be beneficial for Russia. That money will likely get squandered in a way where a large part of it
finds its way outside its borders. This is self-evidently a negative for the GDP.
They key is not to have corrupt elements like the former defense minister Serdyukov blow billions of dollars on
foreign contracts.
the US has been doing for decades and it works. I often hear discussion that amounts to a claim that economy
knows what spending (money flow) is good and what is bad. No, the economy only cares about money flow. If
everyone put all their money under their mattress tomorrow, then the whole economy would crash. Cutting defense
spending will not be beneficial for Russia. That money will likely get squandered in a way where a large part of it
finds its way outside its borders. This is self-evidently a negative for the GDP.
They key is not to have corrupt elements like the former defense minister Serdyukov blow billions of dollars on
foreign contracts.
TR1- Posts : 5435
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Join date : 2011-12-06
No.
In fact the massive US spending is what led to Germany, Japan and others to catch up in the 70s and 80s.
Defense spending helps an economy up to a small point. Past that it is very dubious as to how much it helps, compared to actual intelligent civilian spending.
This is Econ 101, not rocket science.
Trying to push Russia's economy primarily through defense spending is asinine.
lol @ you bringing up foreign contracts. The total amount the Russian defense industry swindles yearly grossly outpaces any foreign spending.
Threatening to buy abroad was the only good thing Serdykov did. There is a reason the Russian MIC got so angry about it- hard to sit on your ass when the MOD will not just buy whatever shit you peddle it.
In fact the massive US spending is what led to Germany, Japan and others to catch up in the 70s and 80s.
Defense spending helps an economy up to a small point. Past that it is very dubious as to how much it helps, compared to actual intelligent civilian spending.
This is Econ 101, not rocket science.
Trying to push Russia's economy primarily through defense spending is asinine.
lol @ you bringing up foreign contracts. The total amount the Russian defense industry swindles yearly grossly outpaces any foreign spending.
Threatening to buy abroad was the only good thing Serdykov did. There is a reason the Russian MIC got so angry about it- hard to sit on your ass when the MOD will not just buy whatever shit you peddle it.
sepheronx- Posts : 8526
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Yeah, then look at the cost of those imported weapons like glocks.
kvs- Posts : 15110
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Join date : 2014-09-11
Location : Turdope's Kanada
TR1 wrote:No.
In fact the massive US spending is what led to Germany, Japan and others to catch up in the 70s and 80s.
Defense spending helps an economy up to a small point. Past that it is very dubious as to how much it helps, compared to actual intelligent civilian spending.
This is Econ 101, not rocket science.
Trying to push Russia's economy primarily through defense spending is asinine.
lol @ you bringing up foreign contracts. The total amount the Russian defense industry swindles yearly grossly outpaces any foreign spending.
Threatening to buy abroad was the only good thing Serdykov did. There is a reason the Russian MIC got so angry about it- hard to sit on your ass when the MOD will not just buy whatever shit you peddle it.
A true monetarist believer. The GDP is reduced by expenditure on foreign goods and services unless these goods and services
are used to produce other goods and services for export and only if the export revenue exceeds import costs. That is Economics 101.
Serdyukov and his final, finished goods purchase spasms (e.g. Mistrals) would clearly not benefit the Russian GDP. Importing German
NC machinery did and does benefit Russia's GDP.
As for your Mickey Mouse view of Russia's economy as some corrupt banana republic, keep on dreaming sunshine. No numbers, no
facts, just bile. You really belong over at MP.net and you probably are one of the regular trolls there.
TR1- Posts : 5435
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Just bile is a great explanation for 99% of the posts here.
Continue your sad circle jerk though
.
Fueling an economy through defense, might be the dumbest thing I have read in weeks. A sad lack of any economic knowlege. Then again, by most of your posts you don't know squat period, certainly not about anything in the military field.
Russia's economy is corrupt and shitty, I know it is hard to see when you don't step inside its border for two minutes
.
Continue your sad circle jerk though
. Fueling an economy through defense, might be the dumbest thing I have read in weeks. A sad lack of any economic knowlege. Then again, by most of your posts you don't know squat period, certainly not about anything in the military field.
Russia's economy is corrupt and shitty, I know it is hard to see when you don't step inside its border for two minutes
.Last edited by TR1 on Sat Oct 11, 2014 4:33 am; edited 1 time in total
TR1- Posts : 5435
Points : 5433
Join date : 2011-12-06
sepheronx wrote:Yeah, then look at the cost of those imported weapons like glocks.
You don't need to buy things outright in large amounts.
The threat of doing so is enough, see KAMAZ and suddenly their competence at making decent MRAPs.
Mike E- Posts : 2619
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Join date : 2014-06-19
Location : Bay Area, CA
Typical, spewing crap about others' posts, while yours itself is full of fluff!TR1 wrote:Just bile is a great explanation for 99% of the posts here.
Continue your sad circle jerk though
Fueling an economy through defense, might be the dumbest thing I have read in weeks. A sad lack of any economic knowlege. Then again, by most of your posts you don't know squat period, certainly not about anything in the military field.
Russia's economy is corrupt and shitty, I know it is hard to see when you don't step inside its border for two minutes
Ever hear of the US economy? It is heavily based in military spending, hence the power of the MIC. Of course you will deny this, because you are having an affair with the US. - This fact cannot be denied, even the hardest of hard core "patriots" here will admit that our economy is directly influenced by the MIC. So, by your definition of the US and its economy being perfect, Russia is heading in the correct direction, right? For all I care you are a Crony Capitalistic Keynesian!
Why the obvious Russophobia? Their economy is doing great *considering the level of sanction on top of them*. It has been improving for some time now, and has much less debt (which is what really counts) per capita than most Western countries. TR1, you accuse me of posting crap-filled, idiotic comments, I suggest you look at your own first!
- Don't even try to say that Western economies are all perfect and that kind of crap. They are *all* bubble-based economies which hide their real problems. - I LIVE in one for crying out loud!
kvs- Posts : 15110
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Join date : 2014-09-11
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Sort of back on topic, it looks like the $700+ billion spending for revamping the military plan is on track and is secure out to 2018
since Putin's term lasts until then. This means that it will be mostly implemented even if by some chance we get a monetarist
numbskull in office after 2018.
https://www.youtube.com/watch?feature=player_embedded&v=_BMfZRA87CE
Thanks to the solid federal spending the company building the Project 636 submarines is able to have six of them under
construction at the same time. Each boat is supposed to take about 1.5 years to complete and all six will be delivered by
the end of next year. The general director of the Admiralty Warfs company building these boats highlights how they have
built up their production capacity by updating their equipment and attracting skilled workers. The per unit cost of these
boats is significantly cheaper since they are mass producing them.
The above video highlights how this military spending is advancing the development of Russian industry. The troll
would like to us to believe that Russian manufacturing is total crap and needs imports. Complete rubbish thinking.
Imports suppress local production. Perhaps China should manufacture all of Russia's military hardware since they
are cheaper and monetarists worship money.
since Putin's term lasts until then. This means that it will be mostly implemented even if by some chance we get a monetarist
numbskull in office after 2018.
https://www.youtube.com/watch?feature=player_embedded&v=_BMfZRA87CE
Thanks to the solid federal spending the company building the Project 636 submarines is able to have six of them under
construction at the same time. Each boat is supposed to take about 1.5 years to complete and all six will be delivered by
the end of next year. The general director of the Admiralty Warfs company building these boats highlights how they have
built up their production capacity by updating their equipment and attracting skilled workers. The per unit cost of these
boats is significantly cheaper since they are mass producing them.
The above video highlights how this military spending is advancing the development of Russian industry. The troll
would like to us to believe that Russian manufacturing is total crap and needs imports. Complete rubbish thinking.
Imports suppress local production. Perhaps China should manufacture all of Russia's military hardware since they
are cheaper and monetarists worship money.
Viktor- Posts : 5796
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sepheronx wrote:http://en.itar-tass.com/russia/753784
Figured it wasnt going to happen. Defense spending will still be on track.
There wasnt a single economy minister that did not want to cut the defense spending and jet not one did. I suppose this tango will last until the very end.
George1- Posts : 18303
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Join date : 2011-12-22
Location : Greece
Russian Defense Budget to Hit Record $81 Billion in 2015
Russia's national defense budget for next year will reach a record 3.3 trillion rubles ($81 billion), or 4.2 percent of the country's GDP, the head of the State Duma's defense committee, Admiral Vladimir Komoyedov, was quoted as saying by the Interfax news agency on Thursday.
The 2015 budget represents an 812 billion ruble ($20 billion) increase over this year, and portends a larger defense budget over the next several years. Russia's GDP this year is forecast at just over $2 trillion, according to the World Bank, and Russia's Finance Ministry expects it to grow by a mere 1 percent in 2015, state news agency TASS reported.
According to Komoyedov, the Duma plans to spend 3.1 trillion rubles ($76 billion), or 3.7 percent of GDP, on defense in 2016 and 3.23 trillion ($79 billion), or 3.6 percent of GDP, in 2017.
“These parameters are significantly higher than in 2014, when the proportion of GDP was 3.4 percent,” Komoyedov was quoted as saying by Interfax. Last year, defense expenditures made up 3.2 percent of GDP, and were a mere 3 percent in 2012.
With the exception of the United States, which spent 3.8 percent of its GDP on defense in 2013, most of the world's countries spend less than 3 percent of their GDP on their militaries, according to World Bank data. In general, U.S. defense expenditures measured in percentage of GDP have been falling sine 2010, when spending reached 4.7 percent of GDP.
However, World Bank data paints an even more drastic picture of Russia's recent defense spending than Komoyedov did. Last year the World Bank said Russia's defense budget was already 4.2 percent of its GDP.
Russia's national defense budget for next year will reach a record 3.3 trillion rubles ($81 billion), or 4.2 percent of the country's GDP, the head of the State Duma's defense committee, Admiral Vladimir Komoyedov, was quoted as saying by the Interfax news agency on Thursday.
The 2015 budget represents an 812 billion ruble ($20 billion) increase over this year, and portends a larger defense budget over the next several years. Russia's GDP this year is forecast at just over $2 trillion, according to the World Bank, and Russia's Finance Ministry expects it to grow by a mere 1 percent in 2015, state news agency TASS reported.
According to Komoyedov, the Duma plans to spend 3.1 trillion rubles ($76 billion), or 3.7 percent of GDP, on defense in 2016 and 3.23 trillion ($79 billion), or 3.6 percent of GDP, in 2017.
“These parameters are significantly higher than in 2014, when the proportion of GDP was 3.4 percent,” Komoyedov was quoted as saying by Interfax. Last year, defense expenditures made up 3.2 percent of GDP, and were a mere 3 percent in 2012.
With the exception of the United States, which spent 3.8 percent of its GDP on defense in 2013, most of the world's countries spend less than 3 percent of their GDP on their militaries, according to World Bank data. In general, U.S. defense expenditures measured in percentage of GDP have been falling sine 2010, when spending reached 4.7 percent of GDP.
However, World Bank data paints an even more drastic picture of Russia's recent defense spending than Komoyedov did. Last year the World Bank said Russia's defense budget was already 4.2 percent of its GDP.
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