Russia said Thursday that it plans to raise defence spending by almost 70 percent next year, funnelling massive resources into its Ukraine offensive to fight what it calls a 'hybrid war' unleashed by the West.
Russia said Thursday that it plans to raise defence spending by almost 70 percent next year, funnelling massive resources into its Ukraine offensive to fight what it calls a"hybrid war" unleashed by the West.
Ukraine's newly appointed defence minister Rustem Umerov, after meeting with his British counterpart Grant Shapps, said"Winter is coming but we are ready". The speed of Ukraine's advances has raised concerns in some Western countries over Kyiv's military strategy, but Stoltenberg again vowed that the US-led defence bloc was unwavering in its support.
According to a finance ministry document published Thursday, defence spending is set to jump by over 68 percent year-on-year to almost 10.8 trillion rubles -- more than spending allocated for social policy. President Vladimir Putin and other officials have largely shrugged off the economic effects of the Ukraine offensive, arguing that Russia has weathered the storm of Western sanctions.
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