Russian President Vladimir Putin has recently approved a record-breaking defense budget, allocating a staggering third of the government's total spending to national defense. The budget for 2025, published on Sunday, sets aside approximately $126 billion (13.5 trillion rubles), representing 32.5% of government spending. This budget surpasses the previous record by about $28 billion (three trillion rubles).
The ongoing conflict in Ukraine, which is considered the biggest conflict in Europe since World War II, has been a significant factor in the increased defense spending. The war has been characterized as a war of attrition, with both sides experiencing resource drain.
