Home › Europe

Russia's defence budget goes Cold War: Putin sets aside $202 billion for military

Europe 1 source 1 country 🔦 Under-reported 49m ago

Russian President Vladimir Putin has allocated 17.1 trillion roubles, equating to $202 billion, for the country's military defence through the year 2027.

This funding level represents a dramatic increase compared to prior spending levels, marking a significant pivot toward Cold War-era budgetary proportions.

The substantial rise in military funding is a direct reflection of a strategic policy shift driven by the ongoing, protracted conflict in Ukraine.

In-depth summary · AI, neutral
Read the full story at the source Times of India · IN ↗
Get the news on TelegramTop stories & under-reported picks, straight to your feed — free. Join →