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    November 22, 2017

    Putin asks to "prepare Russian economy for mobilization"


    November 22 , 2017 - Fort Russ News - 


    Russian President Vladimir Putin has asked to "increase the mobilization potential of the economy", during a meeting with the leadership of the Defense Ministry in the Kremlin.

    "More measures are needed to increase mobilization readiness. The ability of the economy to rapidly increase the volume of defense products and services at the right time is one of the most important conditions for ensuring the military security of the state," the president said.

    At the same time, all "large enterprises irrespective of the form of ownership" should be ready to switch to "military mode", and an analysis will also be carried out on the capabilities of "defense enterprises for the rapid increase in the volume of production of military products."

    The national defense budget is 17% of the federal budget, or every sixth ruble spent by the state. A year ago, amendments were adopted that allow the Finance Ministry to redistribute 10% of the total federal budget for other defense or law enforcement at any time - without voting on it in the State Duma.



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