In a recent development, Russian President Vladimir Putin has given the green light to budget plans that will see a significant increase in military spending for the year 2025. The approved budget allocates around 32.5% of funds, totaling 13.5 trillion rubles (over $145 billion), for national defense, marking a notable rise from the previous year's reported 28.3%.
The State Duma and Federation Council, both houses of the Russian parliament, have already endorsed these budget plans within the last 10 days, signaling a unified stance on bolstering military capabilities.
