🦋bluesky first seen 1 d ago, last 3 h ago, peak #14
Russia plans record war spending in new budget
Original: Russia plans record war spending
Russia is preparing a budget that would allocate record levels of spending to its war effort, according to its latest fiscal plans. Military expenditure is set to reach its highest level, overtaking social spending and signaling that Moscow intends to sustain the conflict in Ukraine for the long term. Observers see the figures as a measure of the Kremlin's priorities and the strain on the economy.
Why now: The proposed budget signals Russia is gearing up for a prolonged war, with implications for Ukraine and European security.
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