Russia's Rising Military Spending
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military spendingThe Straitstimes
•Russia braces for more tax rises to fund the Ukraine war
74% Informative
Russia 's draft 2025 budget allocates about one-third of total expenditure, or 6.3% of GDP, to the military.
For the first time, the share of spending on defence will be double that of social spending.
Government has already started raising taxes to fund its war in Ukraine , now in its third year .
An expected fall in the price of oil, Russia 's main export commodity, is casting a shadow over the country's finances.
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