Draft plans from the Russian government show that defense spending will account for almost one-third of Moscow’s total budget expenditure in 2024. Spending under the “national defense” section of Russia’s budget will total 10.78 trillion roubles ($109bn) next year, or 29.4 percent of total planned expenditure of 36.66 trillion roubles, according to the finance ministry’s budget documents.
You May Also Like
Kapi Dev urges Virat Kohli to play under junior players
New Delhi: Indian legendary cricketer Kapil Dev said that Virat Kohli needed…
- Alina Hashmi
- January 17, 2022
European Central Bank keeps key interest rate on hold amid war
The European Central Bank has kept its key interest rate on hold,…
- Alina Hashmi
- April 30, 2026
Iran denies involvement in Houthi attacks on ships
Iran’s deputy foreign minister has dismissed US accusations that Tehran was involved…
- Alina Hashmi
- December 24, 2023
Hamas releases Israeli-American hostage as part of ceasefire deal
Israeli-American hostage Keith Siegel has been released from Hamas captivity near Gaza…
- Alina Hashmi
- February 1, 2025