• Home
  • News
  • Entertainment
  • Tech
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
Federal Character
No Result
View All Result
Federal Character
  • Home
  • News
  • Entertainment
  • Tech
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
No Result
View All Result
Federal Character
No Result
View All Result
Russia Diverts Billions to Defense, Halving Social Spending

Russia Diverts Billions to Defense, Halving Social Spending

Eriki Joan UgunushebyEriki Joan Ugunushe
2 years ago
in Government
Reading Time: 1 min read
A A
0
Facebook ShareWhatsapp ShareX Share

Russia’s government is planning a massive budget shift, aiming to redirect an eye-watering 7 trillion roubles ($72 billion) over the next three years, with most of this hefty sum funneling straight into the military. Finance Minister Anton Siluanov unveiled the draft on Thursday, and it’s clear where Russia’s priorities lie. For 2025, a staggering 13.5 trillion roubles are earmarked for defense – around a third of all government spending and 6.3% of the country’s GDP. That’s the highest proportion since the Cold War.

What’s raising questions even more is that defense spending will now double what the government is willing to spend on social programs for citizens. During a cabinet meeting, Siluanov explained that about 900 amendments to the budget have been introduced, with a “significant portion” intended to boost “defense and security,” including ongoing efforts in Ukraine, or as the Kremlin terms it, the “special military operation.”

This budget draft, already cleared in its first parliamentary reading, gives the government flexibility to juggle funds across its total 41.5 trillion-rouble expenditure plan before the second review. While Moscow might see this as shoring up national security, the decision to place guns over social welfare speaks volumes about the Kremlin’s priorities: when it comes to spending, the military wins by a landslide.

Tags: Defensefederal characterForeign NewsHalving Social SpendingNewsRussiaRussia Diverts Billions to Defense
Share234SendTweet146
Eriki Joan Ugunushe

Eriki Joan Ugunushe

Eriki Joan Ugunushe is a dedicated news writer and an aspiring entertainment and media lawyer. Graduated from the University of Ibadan, she combines her legal acumen with a passion for writing to craft compelling news stories.Eriki's commitment to effective communication shines through her participation in the Jobberman soft skills training, where she honed her abilities to overcome communication barriers, embrace the email culture, and provide and receive constructive feedback. She has also nurtured her creativity skills, understanding how creativity fosters critical thinking—a valuable asset in both writing and law.

Related Stories

Patel Confirms FBI Blocked Alleged Attack On Trump UFC Event

Patel Confirms FBI Blocked Alleged Attack On Trump UFC Event

byAyobami Owolabi
0

Federal Bureau of Investigation foiled an alleged plan targeting Sunday’s Ultimate Fighting Championship event at the White House and arrested several individuals, according to agency director Kash Patel....

US Unveils New Sanctions As Trump Signals Possible Action On Russian Oil

US Unveils New Sanctions As Trump Signals Possible Action On Russian Oil

byAyobami Owolabi
0

The United States may be preparing to restore sanctions on Russian oil exports after President Donald Trump and other G7 leaders agreed on Tuesday to refocus attention on...

US States Tighten Road Safety Laws With New Saliva Testing Push

US States Tighten Road Safety Laws With New Saliva Testing Push

byAyobami Owolabi
0

Truck drivers and other motorists all share a common priority: reaching their destinations safely. However, a single reckless choice by another road user can have devastating consequences. Distraction,...

Eight Key Doubts Shaping The Future Of The US-Iran Deal

Eight Key Doubts Shaping The Future Of The US-Iran Deal

byAyobami Owolabi
0

On Monday, senior administration officials told reporters that President Donald Trump, Vice President JD Vance and Iranian parliamentary speaker Mohammad Bagher Ghalibaf had electronically signed the U.S.-Iran agreement...

Next Post
Moldova’s Referendum Sparks Debate on EU Bid Amid Claims of Election Meddling

Moldova’s Referendum Sparks Debate on EU Bid Amid Claims of Election Meddling

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

We bring to you precise and factual news

Recent Posts

  • Why Is Everyone at the World Cup Wearing Pink Boots?
  • Marcus Rashford’s transfer clause excludes Liverpool and Man City as Man United forward considers summer exit
  • Dana White Explains UFC Won’t Hold More Events at the White House Following Iconic Freedom 250

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Sports
  • Tech

Weekly Newsletter

  • About
  • Advertise With Us
  • Cookie Policy

Copyright © FederalCharacter.com 2026 .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Entertainment
  • Tech
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health

Copyright © FederalCharacter.com 2026 .