B · Normal
[As the Russia-Ukraine war escalates, Russia’s military budget is set to surge by 27%] September 29th, as the war between Russia and Ukraine intensifies, and the two sides continue to penetrate each other’s territory to attack each other, Russia will increase next year’s military spending target by more than a quarter, overturning its previous plan to stop increasing military spending. The Russian government's new budget draft sets military spending at 17.1 trillion rubles ($202 billion) in 2027, 27% higher than the previous target, according to a person familiar with the plan.
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