Moscow seeks to replenish stocks of material destroyed in its war against Ukraine
Russia’s government expects vast spending to boost its military industries by one third as its war effort against Ukraine ramps up.
According to forecasts seen by Bloomberg News, parts for aircraft and rocket engines will contribute to a jump of more than one third in production of computers, electronics and optics.
Finished metal goods will grow by more than one quarter, in part because of arms and ammunition, the forecasts said.
These categories are expected to drive an overall rise of 4pc in industrial production, as Moscow seeks to replenish stocks of material used up or destroyed in its war against Ukraine.