Russian President Vladimir Putin has sanctioned a military-centric budget for the years 2025-2027, as revealed by a document published on the official legal acts website on Sunday.
The upcoming state budget features a 25% increase in military expenditures, making it the most opaque in the post-Soviet era, with nearly one-third of the total spending shielded from public oversight.
The government has recognized that the requirements of what Moscow refers to as its special military operation in Ukraine, along with military support, will take precedence in the budget, alongside social needs and technological advancement.
The draft budget has been characterized by the government as “balanced,” projecting a deficit reduction to 0.5%, compared to this year’s anticipated deficit of 1.7%, while keeping state debt below the 20% threshold for the next three years.
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