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.
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Leaders from around the world are gathering in New York for the latest session of the United Nations General Assembly, with conflicts in Ukraine and the Middle East, global security, trade, artificial intelligence, climate change and economic development dominating the agenda.
Iran has called for a diplomatic solution after U.S. President Donald Trump rejected its Hormuz proposal, while Foreign Minister Abbas Araghchi said Tehran was awaiting a definitive U.S. response through mediators.
Iran on Saturday awaited a U.S. response to its proposal to reopen the Strait of Hormuz and end fighting in the Middle East war after the Wall Street Journal reported that President Donald Trump had rejected the deal.
British police have arrested five men on suspicion of offences under the Explosives Act after a major security incident was declared near RAF Fairford, a British air base used by U.S. air forces in Gloucestershire, England.
Six people have died after a two-storey residential building in a tourist area of central Athens collapsed, the Greek fire brigade said on Saturday (26 September), following an explosion that the mayor said was likely linked to gas infrastructure.
British police have arrested five men on suspicion of offences under the Explosives Act after a major security incident was declared near RAF Fairford, a British air base used by U.S. air forces in Gloucestershire, England.
Afghanistan’s defence ministry says its forces killed 28 fighters and wounded 32 others in the eastern province of Nuristan after a group allegedly crossed the border from Pakistan.
South African police are searching for suspects after two separate shootings killed 27 people and injured 26 others within hours, highlighting the country’s persistent problem with gun violence.
Heavy rain and storms have triggered floods and landslides that killed 56 people in India, while in Nepal, 14 have died and another 11 are missing, with authorities there warning on Sunday that more flash floods are possible.
Six people have died after a two-storey residential building in a tourist area of central Athens collapsed, the Greek fire brigade said on Saturday (26 September), following an explosion that the mayor said was likely linked to gas infrastructure.
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