To make this website work, we log user data. By using Shephard's online services, you agree to our Privacy Policy, including cookie policy.

×
Open menu Search

What Russia's defence budget means for the Ukraine conflict

16th December 2022 - 18:00 GMT | by Alex Orlov in Helsinki

RSS

Russia is increasing its planned defence and national security spending significantly in 2023 and 2024. (Photo: Russian MoD)

Russia is increasing spending significantly compared to previous expectations, with some 9.4 trillion roubles allocated for 2023 across defence and national security.

The draft federal budget submitted on 29 September to Russia's State Duma shows a significant increase in defence spending and highlights different trends for national defence and national security and law enforcement.

According to the draft budget, national defence expenditure is planned to grow to RUB4,981 trillion ($80.9 billion) in 2023, with RUB4,648 trillion ($75.6 billion) in 2024 and RUB4,208 trillion Rubles ($68.4 billion) in 2025.

The figures indicate a significant increase compared to previous numbers cited. The proposed expenditure shows an increase of 43% for 2023 followed by lower growth of 29% in 2024 and then matches the previously expected

Already have an account? Log in

Want to keep reading this article?

Read this Article

Get access to this article with a Free Basic Account

  • Original curated content, daily across air, land and naval domains
  • 2 free stories per week
  • Personalised news alerts
  • Daily and weekly newsletters
Create account

Unlimited Access

Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.

  • Original curated content, daily across air, land and naval domains
  • 14-day free trial (cancel at any time)
  • Unlimited access to all published premium news
Start your free trial
Alex Orlov

Author

Alex Orlov


Alex Orlov is a freelance journalist based in Helsinki.

Read full bio

Share to

Linkedin