Russian President Vladimir Putin approved budget plans, raising 2025 military spending to record levels as Moscow seeks to prevail in the war in Ukraine.
Around 32.5% of the budget posted on a government website Sunday has been allocated for national defense, amounting to 13.5 trillion rubles (over $145 billion), up from a reported 28.3% this year.
Lawmakers in both houses of the Russian parliament, the State Duma and Federation Council, had already approved the plans in the past 10 days.
Russia's full-scale invasion of Ukraine since February 2022 is Europe's biggest conflict since World War II and has drained the resources of both sides. Kyiv has been getting billions of dollars in help from its Western allies, but Russia's forces are bigger and better equipped, and in recent months the Russian army has gradually been pushing Ukrainian troops backward in eastern areas.
This story is from the December 02, 2024 edition of The Daily Guardian.
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This story is from the December 02, 2024 edition of The Daily Guardian.
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Stop Whining
Mystic Musing
The real luxuries in life
In the material world we happen to see that man comes weeping and goes weeping by. Yet man thinks that his real luxuries are in getting material wealth.
