Russia’s defence spending jumped 282% at start of year

3 years ago 2
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Data shows the country spent just more than 40% of its planned annual allocation for the military sector in January and February

15 May 2023 - 20:15 By Reuters

Russia spent 2-trillion roubles (R477.9bn) on defence in January and February, a 282% jump on the same period a year ago, data on the budget portal showed, illustrating the spiralling costs for Moscow of its conflict in Ukraine...

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