Russia to Ramp Up Defense Spending as Putin's Campaign Falters

Posted on AllSides November 30th, 2022
From The Center
Contributor/Getty Images

Russia will be ramping up its defense spending in 2023, Defense Minister Sergei Shoigu announced on Wednesday, as President Vladimir Putin's war in Ukraine continues to falter.

Shoigu said the country's state defense orders would increase in 2023 to nearly 1.5 times this year's figure, Russia's state-run news agency Interfax reported.

The amount of funding for Russia's state defense order "taking into account the additional allocated budget funds" in 2023 will increase by almost one and a half times, the defense minister said.

"This will make it possible to provide...

Read full story
Some content from this outlet may be limited or behind a paywall.


AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
See full bias rating for Newsweek
Learn about media bias

More News about World from the Left, Center and Right

From the Left

From the Center

From the Right