What began as a special military operation has turned into the start of the next world war, and Russia is paying heavily. Russian President Vladimir Putin passed a new budget over the weekend that will allocate 32.5% of the total budget (13.5 trillion rubles) for FY25 to defense spending, which accounts for 6.2% of total GDP.
https://www.armstrongeconomics.com/world-news/war/russia-raises-military-budget-for-next-three-years/
https://www.armstrongeconomics.com/world-news/war/russia-raises-military-budget-for-next-three-years/
What began as a special military operation has turned into the start of the next world war, and Russia is paying heavily. Russian President Vladimir Putin passed a new budget over the weekend that will allocate 32.5% of the total budget (13.5 trillion rubles) for FY25 to defense spending, which accounts for 6.2% of total GDP.
https://www.armstrongeconomics.com/world-news/war/russia-raises-military-budget-for-next-three-years/
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