RUSSIA WAR BUDGET: Putin Unleashes Record $202 Billion Defence Spending For 2027 | Times Now World

By Times Now World

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Russia is planning a record 17.1 trillion ruble ($202.6 billion) defence budget for 2027, a 27% increase from the amount originally budgeted, according to government documents reviewed by Reuters. The planned increase comes as Moscow faces a widening budget deficit, falling projected oil and gas revenues and higher borrowing. Russia is also preparing additional taxes to help finance the deficit. Separately, President Vladimir Putin has increased the authorized size of the Russian Armed Forces to 2.44 million personnel, including 1.55 million military personnel, according to Novaya Gazeta Europe. The Institute for the Study of War has assessed that Russia is increasingly relying on long-range missile and drone attacks as battlefield gains remain limited. The developments indicate Moscow is preparing to sustain its military effort into 2027. #russia, #putin, #russiaukrainewar, #ukrainewar, #russianarmy, #russianmilitary, #russiawarbudget, #militaryspending, #defencespending, #warbudget

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