The Russian government has submitted its draft federal budget for 2025–2027 to the State Duma, a roughly 7,000-page document outlining projected revenues and planned expenditures. The figures exceeded ...

President Vladimir Putin said on Friday that Russia was looking to cut its military expenditure from next year, contrasting ...

LONDON — Russia's State Duma took a step forward Wednesday towards approving its biggest-ever federal budget which will increase spending by around 25% in 2024, with record amounts going on defense.

This means defense will make up 32.5% of Russia's federal budget next year, up from 28.3% this year. The budget was proposed in September and approved by Russian lawmakers over the last 10 days.

What You Need to Know: Russia plans to increase its defense spending by $30 billion in 2025 as it grapples with mounting pressure to win the war in Ukraine. A draft federal budget, recently ...

(MENAFN- IANS) Moscow, Nov 22 (IANS) The Russian State Duma, or the lower house of the Parliament, has approved the country's federal budget for 2025-2027. In 2025, Russia's budget revenues are ...

LONDON — The lower house of Russia’s parliament, the State Duma, approved a federal budget Friday that increases spending by around 25% in 2024 and devotes a record amount to defense as the ...

Russia's federal budget recorded a deficit of RUB 3.8 trillion (approx. US$44.7 billion) in January-February 2025, surpassing the Finance Ministry's earlier estimate of RUB 2.7 trillion (US$31.7 ...

Secrecy surrounds an increasingly large chunk of Russia's federal budget as President Vladimir Putin earmarks high amounts of money on his military amid his full-scale invasion of Ukraine.. Almost ...

Russia’s parliament approved a federal budget Wednesday that increases spending by around 25% in 2024-2026 and devotes a record amount to defense.. The budget was passed unanimously by the ...

Russia's oil and gas revenue fell by 35% year-on-year in May to 512.7 billion roubles ($6.55 billion), data from the finance ...

LONDON — Russia’s State Duma took a step forward Wednesday towards approving its biggest-ever federal budget which will increase spending by around 25% in 2024, with record amounts going on ...