Putin signs state budget with record defense spending – media

The head of the Kremlin, Vladimir Putin, signed the law on the federal budget of the Russian Federation for 2024, which was previously adopted by the Russian State Duma. The Russian Federation will spend 10.775 trillion rubles next year on “national defense.” The Moscow Times wrote this on Monday, November 27.

It is indicated that the amount allocated for defense is 70% more than in 2023 (6.8 trillion), 2.3 times higher than in 2022 (4.7 trillion), and three times higher than indicator B 2021 (3.5 trillion), when the Russian Federation has not yet started a full-scale war against Ukraine.

“In Russia, for the first time since the time of the USSR, almost one-third of the country’s entire budget will be allocated to the maintenance of the army and the military-industrial complex,” the message emphasized.

The total volume of the budget of the Russian Federation for 2024 will be 36.66 trillion rubles. Of this, 10.775 trillion will go to defense, i.e. 29.5%.

At the same time, the publication said that 3.338 trillion rubles will be allocated for the Ministry of Internal Affairs, Russian National Guard, special services and the Federal Penitentiary Service next year.

“It turns out that in total almost 40% of the budget will be spent on law enforcement agencies in the Russian Federation,” the journalists pointed out.

Let’s remember that in the last years of its existence, the USSR spent a third of its budget on defense. Thus, in the 1990 budget, 71 billion out of 241.3 billion rubles were allocated for “military purposes,” that is, 29.4% of the total budget.

The ruling regime of the Russian Federation plans to form another army army, seven divisions, 19 brigades, 49 regiments and a flotilla in the Russian Armed Forces next year.