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Wednesday, October 31, 2012

Russia is preparing to overhaul its nuclear-missile shield

RFS Yuri Dolgoruki |Russia is planning to increase annual defence spending from its current level of 3 percent of GDP to 3.7 percent in 2015, which equates to more than 3 trillion roubles.

The Strategic Rocket Forces will consume a substantial part of this money, with the nuclear missile programme benefitting the most from the projected increase in budget allocations.

According to Vladimir Komoyedov, head of the State Duma’s Defence Committee, spending on nuclear-missiles will reach 101.15 billion roubles in 2013–2015, compared to just 27.4 billion roubles in 2012.

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