Mmastodon WarUkraine first seen 13 h ago, last 13 h ago, peak #9

Russia plans $202.6 billion military budget for 2027

Original: RE: https:// journa.host/@ScottLucas/117352 610954254625 # Russia planning to spend $202.58bn on its military in 2027, i

Russia is planning to spend $202.58 billion on its military in 2027, an increase of roughly 27%, with $591 billion earmarked for defence over the next three years. The figures come alongside news that Russia's budget deficit has risen to 3.2% of GDP, double the 1.6% projected in official estimates, prompting discussion about how long the country can sustain war-driven spending.

Why now: The sharp rise in defence spending, paired with a ballooning budget deficit, raises questions about the sustainability of Russia's war economy.

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• RE: https:// journa.host/@ScottLucas/117352 610954254625 # Russia planning to spend $202.58bn on its military in 2027, increase of around 27% Moscow plans to spend $591bn over next 3 years Russia budget deficit rose to 3.2% of its GDP, up from the 1.6% listed in estimates… · ScottLucas@journa.host · 1

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