Putin Is Spending a Record $200 Billion on War This Year
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8 Articles
Defense spending is expected to reach 17 trillion rubles, some $199 billion, by the end of this year, 40% more than the original plan announced
Vladimir Putin will allocate a record $200 billion to the war this year, significantly more than he originally planned. "The Kremlin has concluded that an agreement with Ukraine is unattainable, and US-led efforts have failed to produce a breakthrough," writes Blooberg.
Russia is moving towards the highest level of military spending in its recent history in 2026, after Russian President Vladimir Putin has approved a significant increase in war allocations, reflecting a growing conviction in the Kremlin that the conflict in Ukraine is a candidate for continuation and escalation in the years to come.
Vladimir Putin appears to be preparing for a protracted war.
This represents a 40 per cent increase over the budget — October 7, 2026
Russia's military spending is reaching record levels this year, after an additional "injection" of almost 60 billion dollars by President Vladimir Putin to the relevant funds provided for in the... Putin pours money into the war: Russia's defense spending is almost 200 billion - Increased by 40% compared to the original plan - NAVAL TRADE
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