Putin Approves Historic $126B Defense Budget: Implications for Russia’s Economy

Putin’s $126B Military Budget: Decoding Russia’s Strategic Defense Moves

Russian President Vladimir Putin has approved a record $126 billion for defense spending, which represents nearly a third of Russia’s overall budget for the coming year.

This substantial allocation underscores Moscow’s continued prioritization of military readiness amid ongoing geopolitical tensions and the conflict in Ukraine.

The increase reflects a broader strategy of maintaining military operations and bolstering defense capabilities despite economic constraints and international sanctions.

This spending decision also signals a commitment to sustain Russia’s military-industrial complex and fund active military engagements, including in Ukraine.

Analysts suggest that such high defense allocations could strain the country’s broader economic stability while redirecting resources away from civilian sectors.