• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, August 22, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Europe

Russia Pivots Towards Aligning Military Priorities With Its Economic Realities

Comfort Ampomaaby Comfort Ampomaa
May 13, 2024
Reading Time: 4 mins read
Add as Preferred on Google
Russian President, Vladimir Putin sits during the Victory Day military parade on May 9, 2024.

Russian President, Vladimir Putin sits during the Victory Day military parade on May 9, 2024.

In an era defined by rapid technological advancements and unconventional threats, the need for fresh perspectives and interdisciplinary approaches to national security has never been more pressing.

Russia is no different. Its leader has demonstrated his willingness to break with convention in pursuit of a more resilient country, disclosing his intention to place a civilian at the helm of Russia’s defence.

With its war spending soaring to unprecedented levels, there is a need for a leader who can navigate every nook and cranny of defense economics.

In a very significant reshuffle, Russian President, Vladimir Putin’s decision to remove Sergei Shoigu as Defence Minister has been announced.

ADVERTISEMENT
AP24133682488976 1715560720
Russia’s president, Vladimir Putin, left, and outgoing defence minister Sergei Shoigu leaving Red Square after the Victory Day military parade in Moscow on Thursday.

The Kremlin said that Andrei Belousov, a former Deputy Prime Minister who specialises in economics, will become the new Defence Minister.

The reshuffle comes as Putin begins his fifth term in office. In line with Russian law, the entire cabinet resigned after Putin’s inauguration in the Kremlin.

Belousov’s candidacy will need to be approved by Russia’s upper house of parliament, the Federation Council.

Shoigu assumed leadership of the defence ministry in 2012 after his tenure as the emergency services minister.

Shoigu’s popularity in Russia grew after the illegal annexation of Crimea in 2014, which he was credited with orchestrating. He has been leading Russia’s military through its full-scale invasion of Ukraine, which began in 2022.

ADVERTISEMENT

However, he has come under intense criticism for Russia’s military setbacks after the February 2022 invasion, as well as for his inability to root out the widespread corruption that continues to plague the army.

Shoigu’s position appeared to have weakened last month when the security services arrested  Timur Ivanov, a deputy defence minister, and charged him with large-scale corruption.

The arrest was widely interpreted as an attack on Shoigu and a possible precursor of his dismissal despite his close ties with Putin.

ADVERTISEMENT

Kremlin spokesperson, Dmitry Peskov said that Putin decided to appoint Belousov, a veteran economist, to lead the defence ministry after Russia’s war spending had vastly increased.

37ad7efd sw5pujg9obry0pt3t18v3
Andrei Belousov, a former Deputy Prime Minister.

Russia has presided over a massive ramping up of industrial military production over the last two years, with total defence spending rising to an estimated 7.5% of its GDP.

“It’s very important to put the security economy in line with the economy of the country so that it meets the dynamics of the current moment,” Peskov said.

Peskov added that the Russian president had decided a civilian should head the defence ministry to ensure the department was “open to innovations and advanced ideas”.

“The one who is more open to innovations is the one who will be victorious on the battlefield,” Peskov said.

Putin’s choice can be viewed as a calculated gamble rather than a reckless move.

By integrating economic considerations into strategic decision-making, Russia can ensure that its defence spending yields maximum returns in terms of both national security and economic growth.

Speaking on conditions of anonymity, a former defence official who has worked with Shoigu, said, “The Kremlin wants the ministry to be led by an economist who knows how to streamline its operations.”

The official added, “The defence ministry is supposed to be efficient and well run, while the actual decisions on the battlefield are left to the military.”

Shoigu To Become Security Council Head          

Putin proposed that Shoigu take the position as head of Russia’s security council. It is currently led by Nikolai Patrushev.

It remains unclear what position will be taken by Patrushev, who has led the security council since 2008 and is believed to have helped mastermind the invasion of Ukraine.

Peskov told Russian state media late on Sunday that Patrushev’s new role will be announced in the “next few days”.

Valery Gerasimov, the veteran chief of Russia’s general staff and someone with a more hands-on role when it comes to the fighting, will remain in post, the Kremlin said.

Of course, only time will tell whether Putin’s gamble will pay off. The success of Belousov’s tenure as Defence Minister will ultimately hinge on his ability to navigate the complex interplay between military strategy, economic imperatives, and geopolitical dynamics.

READ ALSO:  NPP Communications Director Denies Double Registration Allegations

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: Andrei BelousovDmitry PeskovNikolai PatrushevPresident Vladimir PutinSergei Shoigu
Please login to join discussion
Previous Post

World Bank Boosts $138.5 Million Electricity Project in Namibia

Next Post

Investor Confidence Returns Strong as Gov’t Raises GHS4.91bn

Related Posts

750x430 cmsv2 93eef830 37ae 50f7 b463 9402211d1ddb 9883813
Europe

Latvia Stops 28 Migrants From Belarus

August 21, 2026
European Commission President, Ursula von der Leyen as EU To Implement ‘Trade Countermeasures’ Against US
Europe

EU Warns Of Rising Threats After Romania Destroys Naval Drone

August 20, 2026
1001054794
Europe

Spain To Relocate 500 Migrant Children From Ceuta

August 19, 2026
Ukraine's President Volodymyr Zelenskyy.
Europe

Zelenskyy Vows Response After Russian Strike Kills 10

August 18, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Emmanuel Kotin

Only The State Can Protect Citizens — Security Analyst

August 22, 2026
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation

U.S. Imposes 50% Tariffs on $20bn Worth Of Canadian Goods

August 22, 2026
United Nations

UN Harnesses AI to Tackle Global Challenges

August 22, 2026
Mr Mark Prempeh, Director of Petroleum, Ministry of Energy and Green Transition

Government Pushes GNPC Toward A More Commercial Future

August 21, 2026
Photo from PIAC's 15th anniversary launch

GIZ Urges Ghana To Turn Petroleum Accountability Into Development

August 21, 2026
ADVERTISEMENT
Next Post
Treasury Bills

Investor Confidence Returns Strong as Gov’t Raises GHS4.91bn

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.