Putin claims Russia has increased ammunition production by 20 times

Vladimir Putin, the ruler of Russia, claimed on 7 June that Russia has increased ammunition production by over 20 times.

Source: Putin’s speech at the St Petersburg International Economic Forum, as reported by a Russian agency TASS

Details: Moreover, Putin claimed that Russia was considerably ahead of Ukraine in aircraft production.

He added that the military-industrial complex should be developed in a way which allows manufacturing civilian products as well. With that, Russia’s military expenditures must correspond to the level of economic development and be developed "in a modern way". This is allegedly supposed to attract more investments and advanced technologies to Russia.

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