US EditionPutin signs Russia's largest national budget, bolstering military spending
- Russian President Vladimir Putin signed a national budget that increases spending by 25% and devotes a record amount to defense as the military operation in Ukraine continues.
- The budget, developed to fund the military and mitigate the impact of international sanctions, anticipates spending of 36.6 trillion rubles in 2024, with an expected deficit of 1.595 trillion rubles .
- Around 39% of federal spending in 2024 will go toward defense and law enforcement, raising concerns about long-term implications.
30 Articles
30 Articles
Russian President Vladimir Putin has signed the draft budgets approved by Parliament. A record sum has been reserved for the military: Almost every third ruble is supposed to roll into armaments. The Russian budget for 2024 foresees spending of 36.6 trillion rubles (around 377 billion euros). Around 30 percent of government spending is expected to flow into the military. The increase in this item compared to 2023 is therefore almost 70 percent. …
Putin approved record increase in spending on Russian army since time of USSR,
Russian dictator Vladimir Putin signed the law on the budget of the Russian Federation for 2024-2026. Next year, almost a third of all expenses will be directed to the maintenance of the army and the defense-industrial complex.
Vladimir Putin pushes spending up to record levels to fund his war in Ukraine
Russian president Vladimir Putin has signed a national budget for the next three years that increases spending by around 25pc and reportedly devotes a record amount to defence as the country’s war in Ukraine drags on.
Vladimir Putin promulgó el mayor presupuesto nacional de Rusia con un significativo aumento del gasto militar
Vladimir Putin asigna más recursos para su guerra en Ucrania (Sputnik/Valery Sharifulin/Pool via REUTERS) (SPUTNIK/)Vladimir Putin firmó este lunes el presupuesto federal de Rusia para 2024-2026 que prevé un incremento superior a dos tercios (66,6%) del gasto militar para el próximo año.El correspondiente documento fue publicado este lunes en el portal de información legal del Gobierno ruso, después de que el proyecto de ley fuese aprobado por a…
Putin signs Russia's largest national budget, bolstering military spending in 2024
Speaker Vyacheslav Volodin says the budget was developed specifically to fund the military and mitigate the impact of international sanctions imposed after Russia sent troops into Ukraine in February 2022.
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