Russia increases military spending to $200 billion in 2026
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President Vladimir Putin announced an increase in military spending to $200 billion in 2026. This decision has raised concerns in the Russian domestic market. Spending on the war in Ukraine has reached a record level.
In brief
- Putin announced military spending of $200 billion.
- Spending on the war in Ukraine reached a record level.
- The Russian domestic market reacted with panic to budget changes.
- This decision is the largest in recent years.
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Putin Pushes Russia’s 2026 War Spending to $200 Billion—Matching Next Year’s Record Budget
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