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HomeWorldPutin approved a new...
December 1, 2024

Putin approved a new Russian budget with record war spending.

By David
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    Russian dictator Vladimir Putin has approved Russia’s 2025 budget, which sees military spending rise to record levels.

    .

    The Associated Press reports this.

    In the budget for next year, the Russian government has budgeted revenues of more than 40 trillion rubles (over $373 billion). Of this amount, about 32.5% is allocated to “defense,” which amounts to 13.5 trillion rubles (more than $145 billion).

    Thus, the corresponding expenses increase compared to 2024, when the Russian Federation allocated 28.3% of the budget for defense.

    Both chambers of the Russian parliament have previously approved this budget plan.

    Source: Associated Press

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    Source: Racurs

    David
    David

    I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.

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