KYIV: Russian President Vladimir Putin approved budget plans, raising 2025 military spending to record levels as Moscow seeks to prevail in the war in Ukraine.
Around 32.5 percent of the budget posted on a government website Sunday has been allocated for national defense, amounting to 13.5 trillion rubles (over $145 billion), up from a reported 28.3 percent this year.
Lawmakers in both houses of the Russian parliament, the State Duma and Federation Council had already approved the plans in the past 10 days.