🇷🇺 Vladimir Putin
Russia Hikes 2027 Defense Budget By 27% As Putin Orders Fourth Troop Expansion Of The Year - Report
What happened
According to documents seen by Reuters, Russia plans to spend 17.1 trillion rubles ($202.58 billion) on defense in 2027, a 27% increase from the originally budgeted amount of 13.5 trillion rubles ($159.20 billion). This is the fourth troop expansion of the year, with President Vladimir Putin signing a decree to add 15,500 troops to the armed forces, bringing the authorized military strength to 1,550,500 personnel. The expansion comes amid mounting Russian losses in Ukraine.
Why it matters
The increase in defense spending and troop expansion may indicate Russia's efforts to maintain its military presence in Ukraine, potentially contributing to ongoing tensions in the region. The rise in spending also raises concerns about Russia's economic stability, with the government projecting a higher budget deficit and increased state debt. The expansion of the military may also have implications for neighboring countries, such as Georgia, which has seen a surge in Russian emigration due to
Key facts
- Russia's defense spending is set to reach 17.1 trillion rubles ($202.58 billion) in 2027.
- The 2027 budget represents a 27% increase from the originally budgeted amount.
- President Vladimir Putin has signed a decree expanding the armed forces for the fourth time this year.
- 15,500 troops will be added to the military, bringing the authorized strength to 1,550,500 personnel.
- Russia is currently estimated to recruit about 30,000 new personnel each month.
Topics
Publisher evidence used
Reporting attributed to i24news.tv. WorldLeadersNews links readers to the publisher and does not present a headline-only item as a full article analysis.
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