The Kremlin plans to increase its defense budget by 23% to $145 billion, making up 6.2% of the country’s GDP. The spending would be more than the total funding for education, healthcare, social policies, and the economy combined.

Source: MaryADraper

11 Comments

  1. Turbulent_Advance709 on

    If EU’s GDP is 17 trillion, and if they invest just 1%, it’s bigger. And unlike Russia they still have reserves. So what’s EU doing wrong here?

  2. Outside-Chest6715 on

    Who need educatiin there ? Young mens are only born to die for Putin and his friend which are stealing in the meanwhile all the country assets.

  3. MasterofLockers on

    If true, they’re destroying the future of the country for at least the next couple of generations. Genuinely mind-blowing.

  4. florkingarshole on

    No worries; the Colonels and Generals will just pocket most of that, and the contractors will soak up the rest . . . They might try to refit the KutzNutzoff again or something.

  5. Comparing it to GDP is an interesting metric but as we know, GDP can misrepresent the economy. I’d rather go with % of annual budget.

  6. PoliticalCanvas on

    Yes, in 2022-2024 years, as it was in 2014 year, West gave to Kremlin time and resources (only in 2022-2023 years EU+NATO countries spent on Russian export ~$450B) possibility to continue war/escalation…

    It’s not news, it’s created by West years old reality.

  7. The great devaluation of ruble is coming, there is 0 possible ways they will increase their spending without losing the value of ruble by 30-40%

  8. Given cheaper Russian salaries and stuff, in real terms it’s probably closer to 250 billion.

    1/3rd roughly of the US budget.

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