LONDON (AP) — 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.
Defense spending is expected to overtake social spending next year for the first time in modern Russian history, at a time when the Kremlin is keen to shore up support for President Vladimir Putin as Russia prepares for a presidential election in March.
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It’s cute that they put on airs about needing to shore up support for the “election”.
Where is the money coming from?
