Putin plans record military spending of £154bn next year

Summarised from 2 outlets · Updated 1 Oct, 17:49 · Archive

Vladimir Putin plans to increase Russian defence spending to 17.1 trillion roubles (£154bn) in 2027, a 27 per cent increase.

Russia plans to boost military spending by 27 per cent to 17.1 trillion roubles (£154bn) in 2027, according to government documents seen by Reuters. This will represent a record 35 per cent of the state budget, with the Daily Mail reporting that welfare, education and healthcare will be cut to fund the increase.

How it is being reported

• Putin increases military spending by 27% to record £150,000,000,000 next yearMetro · 1 Oct, 16:29
• Are you watching Streeting? Putin's war chest to rise to record 35% of state budget by next year as he slashes welfare, education and healthcare to fund 17.1trillion ruble (£154bn) militaryDaily Mail · 30 Sept, 18:49

In this story: Vladimir Putin · Russia · Reuters

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem