Russia is planning almost 70 percent more allocations for the army in 2024, according to a document published today by the Ministry of Finance.
According to a document seen by Agence France-Presse, allocations for defense will increase by 68 percent compared to the previous year and reach 10.800 billion rubles (106 billion euros).
Thus, the defense budget will represent approximately 30 percent of expenses at the federal level in 2024 and six percent of GDP, for the first time in Russia's modern history. Higher allocations for the army are an indication of Moscow's determination to continue its military intervention in Ukraine.
Proposal of the law on the budget for 2024-2026. he should be in the Duma, the lower house of the Russian parliament, tomorrow.
Bonus video:
