Copyright © 2024

The work of Euromaidan Press is supported by the International Renaissance Foundation

When referencing our materials, please include an active hyperlink to the Euromaidan Press material and a maximum 500-character extract of the story. To reprint anything longer, written permission must be acquired from [email protected].

Privacy and Cookie Policies.

Past due bills for housing forcing Russian defense ministry to cut weapons acquisitions

Russia's only aircraft carrier Admiral Kuznetsov on its way to Syria in October 2016 to participate in Putin's campaign to defend the dictatorial Assad regime. (Photo: social media)
As much of Soviet-era military equipment inherited by Russia from the USSR, its only aircraft carrier, Admiral Kuznetsov, was built in Ukraine. Here it is on its way to Syria in October 2016 to participate in Putin’s campaign to defend the dictatorial Assad regime. The ship was built over 1982-1991 at Ukraine’s Mykolayiv South Shipyard. (Photo: social media)
Past due bills for housing forcing Russian defense ministry to cut weapons acquisitions
Edited by: A. N.

Last year, the Russian defense ministry has taken eight billion rubles (120 million US dollars) out of its weapons procurement budget to pay for past due bills for housing and communal services, and this year, it has taken 21 billion rubles (350 million US dollars) to do the same thing, according to an RBC investigation.

This debt, according to RBC’s Vyacheslav Kozlov and Dmitry Serkov, was built up during the time of the previous defense minister, has been confirmed by open sources, and is being retired and reduced (by returning some unused housing property to its original owners), so as to minimize its impact on spending plans.

While the impact of such spending on weapons acquisitions is relatively small – Moscow is spending more than 1.4 trillion rubles (23 billion US dollars) on those this year – it is nonetheless significant both that the housing and communal services sectors have this much clout and that the defense ministry is solving its housekeeping problems this way.

Edited by: A. N.
You could close this page. Or you could join our community and help us produce more materials like this.  We keep our reporting open and accessible to everyone because we believe in the power of free information. This is why our small, cost-effective team depends on the support of readers like you to bring deliver timely news, quality analysis, and on-the-ground reports about Russia's war against Ukraine and Ukraine's struggle to build a democratic society. A little bit goes a long way: for as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support. Become a Patron!

To suggest a correction or clarification, write to us here

You can also highlight the text and press Ctrl + Enter

Please leave your suggestions or corrections here

    Euromaidan Press

    We are an independent media outlet that relies solely on advertising revenue to sustain itself. We do not endorse or promote any products or services for financial gain. Therefore, we kindly ask for your support by disabling your ad blocker. Your assistance helps us continue providing quality content. Thank you!

    Related Posts