EconomyReuters: Russia plans record 17.1 trillion ruble military budget in 2027 while cutting social spending

Russia plans to raise military spending to a record 17.1 trillion rubles in 2027 while reducing funding for social policy, education, healthcare, and the national economy, Reuters reported after reviewing documents. The government may also rely on tax increases expected to raise 1.5 trillion rubles. Debt-servicing costs are set to rise sharply as well.

Russia budgetmilitary spendingsocial spendingtax increases

MMeduza★★★★☆2026-09-29 19:55Original