Russia plans sharp defence spending hike in 2025

  • Posted on September 30, 2024
  • By Business News Today
  • 1 Views
Russia plans sharp defence spending hike in 2025

Russia will raise its defence budget by almost 30 percent next year, surpassing spending on welfare and education combined. This move is linked to its ongoing Ukraine offensive. The increased budget comes amidst continued attacks and territorial claims. This decision impacts both national security and social expenditure priorities.
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Business News Today

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