Russia proposes record defense spending as it pursues victory in the Ukraine war
The Russian government wants to earmark 32.5% of its spending next year for defense, a record amount and up from a reported 28.3% this year, as Moscow seeks to prevail in the war in Ukraine
KYIV, Ukraine (AP) — The Russian government wants to earmark 32.5% of its spending next year for defense, a record amount and up from a reported 28.3% this year, as Moscow seeks to prevail in the war in Ukraine.
The government’s draft budget released Monday proposes spending just under 13.5 trillion rubles (over $145 billion) on national defense. That is about 3 trillion rubles ($32 billion) more than was set aside for defense this year and was the previous record.
The Ukraine war is Europe’s biggest conflict since World War II and has drained the resources of both sides, with Ukraine getting billions of dollars in help from its Western allies.
Russia’s forces are bigger and better-equipped than Ukraine’s, and in recent months the Russian army has gradually been pushing Ukrainian troops backward in eastern areas.