Russia to Boost Military Spending to 40% of State Budget in 2025 – Bloomberg

By The Moscow Times | Created at 2024-09-24 08:50:50 | Updated at 2024-09-30 07:28:13 5 days ago
Truth

Last week, President Vladimir Putin listed defense spending and the integration of occupied Ukrainian territories among the government’s top priorities for the upcoming draft budget.

Analysts have said that even after the war in Ukraine ends, Russia would need to maintain higher-than-average levels of defense spending for several years to rebuild its armed forces, with some military experts estimating the country may need 8 years to rebuild its military fully.

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