Russian Lawmakers Pass Record Budget with Unprecedented Defense Focus
TL;DR Summary
The Russian parliament has passed a record budget for 2024-2026, with a significant increase in spending and a focus on defense. Defense spending is expected to surpass social spending for the first time in modern Russian history. The budget aims to support the military and mitigate the impact of sanctions on Russia. Analysts suggest that this move signifies the remilitarization of Russian society and is aimed at preparing for a potential military confrontation with the West. The budget will now go to the upper chamber of parliament for approval and eventually to President Putin for signing.
- Russian lawmakers approve a budget with a record amount devoted to defense spending ABC News
- Russian lawmakers approve budget with record amount earmarked for defence spending euronews
- Russian Lawmakers Approve Budget With Record Amount Devoted To Defense Radio Free Europe / Radio Liberty
- Russian parliament passes record budget, boosting defense spending and shoring up support for Putin The Associated Press
- Putin trumps West`s sanctions as Moscow proposes largest-ever federal budget with defence focus WION
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