Russia approves a military-focused budget for 2025-2027, boosting defence spending by 25% while keeping a third of expenditures classified, prioritising war needs and social support.
MOSCOW (Reuters) - Russian President Vladimir Putin has approved a military focused budget for 2025-2027, a document published on the official legal acts website showed on Sunday.
The state budget for next year includes a 25% hike in military spending but will be the most secretive in post-Soviet history, with almost a third of all spending closed to public scrutiny.
The government has acknowledged that the needs of what Moscow calls its special military operation in Ukraine and support for the military will remain the budget priority along with social needs and technological development.
The government has presented the draft budget as "balanced", with the deficit falling to 0.5% against this year's projected deficit of 1.7% and state debt remaining below the 20% mark for the next three years.
Ukrainian President Volodymyr Zelenskyy has rejected a German proposal to grant Ukraine “associate” membe...
The United States is stepping up its efforts to rebuild ties with India, with Secretary of State Marco Rubio using his visit to New Delhi to promot...
An interactive map showcasing the Christian heritage of Caucasian Albania in Garabagh was presented in...
The 13th edition of the World Urban Forum (WUF13) held in Baku showed Azerbaijan’s “meaningful contribution to multilateralism,” ...
The nomination of Russian-Armenian businessman Ruben Vardanyan for the 2026 Václav Havel Human Rights Prize has triggered criticism....
Belarusian President Alexander Lukashenko has said Belarus will not be dragged into the war in Ukraine, while also stressing that Minsk and Moscow would jointly respond to any aggression against them.
Russia delivered nuclear munitions to field storage facilities in Belarus as part of major nuclear drills, the Russian Defence Ministry said on Thursday.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 21st May, covering the latest developments you need to know.
Chinese President Xi Jinping and Russian President Vladimir Putin met in Beijing on Wednesday, showing close political alignment even though key economic deals were not finalised.
Belarusian President Alexander Lukashenko has said Belarus will not be dragged into the war in Ukraine, while also stressing that Minsk and Moscow would jointly respond to any aggression against them.
Fighting in the Russia–Ukraine war has intensified sharply, with both sides launching significant strikes far beyond the front lines as the conflict enters its 1,549th day.
As the 13th edition of the World Urban Forum ended, Azerbaijan's Pavilion showcased reconstruction efforts in its liberated territories and foregrounded the importance of mine removal in resettlement efforts.
A French appeals court has found Airbus and Air France guilty of corporate manslaughter over the 2009 Rio–Paris crash, marking a major development in a case that has stretched on for 17 years.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 22nd May, covering the latest developments you need to know.
Ukrainian President Volodymyr Zelenskyy has rejected a German proposal to grant Ukraine “associate” membership of the European Union, warning it would leave Kyiv without a meaningful voice in the bloc.
The United States is stepping up its efforts to rebuild ties with India, with Secretary of State Marco Rubio using his visit to New Delhi to promote energy cooperation.
At least 90 miners have died in a gas explosion at a coal mine in northern China, in what is the country's deadliest mining accident in 17 years. The blast occurred on Friday at 19:29 local time (11:39 GMT) at the Liushenyu coal mine in Shanxi province, according to Chinese state media.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 23rd May, covering the latest developments you need to know.
SpaceX has completed a successful test flight of Starship V3, the largest and most powerful rocket in history.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment