Russia to increase defense budget by approximately 70% in 2024

World News
28-09-2023 | 05:23
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
print
Russia to increase defense budget by approximately 70% in 2024
Whatsapp
facebook
Twitter
Messenger
telegram
print
0min
Russia to increase defense budget by approximately 70% in 2024

A document from the Russian Finance Ministry published on Thursday indicates that Moscow will increase its defense budget by around 70 percent in 2024 as it allocates resources for its extensive campaign in Ukraine. 

According to the document, defense expenditures are expected to rise by over 68 percent annually, reaching 10.8 trillion rubles (approximately $111.15 billion), which represents about 6 percent of the total GDP, surpassing spending allocated for social policies. 

AFP   
 

World News

Russia

Finance

Moscow

Defense

Budget

Ukraine

LBCI Next
Afghanistan earthquake death toll rises to 622
Recommended For You
d-none hideMe
LBCI
World News
10:53

Venezuelan military 'not intimidated' by Trump threats: Minister

LBCI
World News
10:42

US readies new Russia sanctions if Putin rejects peace deal: Report

LBCI
World News
10:13

Venezuela says oil exports continue normally despite Trump 'blockade'

LBCI
World News
10:02

Merz says EU must use Russian frozen assets to raise 'pressure on Putin'

Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
LBCI
News Bulletin Reports
2025-12-11

Unpaid port fees leave millions owed to Lebanon’s state — the details

LBCI
World News
2025-12-12

US briefly withheld some intelligence from Israel during Biden era: Reuters

LBCI
World News
2025-12-13

Russia says hit Ukraine facilities with hypersonic missiles

LBCI
Lebanon News
2025-12-13

Hezbollah’s Qassem urges state to defend sovereignty, rejects disarmament pressure

Videos
d-none hideMe
LBCI
Lebanon News
2025-12-02

Pope Leo XIV urges leaders to hear their people’s cry for peace, singles out Lebanon (video)

LBCI
Lebanon News
2025-12-02

At Beirut waterfront, Pope Leo XIV rides through cheering crowds (video)

LBCI
Lebanon News
2025-12-02

At Beirut Port, Pope Leo XIV offers silent prayer for blast victims (video)

LBCI
Lebanon News
2025-12-02

Pope Leo XIV opens hospital visit with Arabic ’Sabah el-kheir’ — Video

LBCI
Lebanon News
2025-12-01

Pope Leo XIV tells Lebanese youth Lebanon’s future ‘is in your hands’; watch full speech here

LBCI
Lebanon News
2025-12-01

Pope Leo XIV moved by youth turnout in Bkerke: Video

LBCI
Middle East News
2025-11-27

Pope Leo leaves for Istanbul—Video

LBCI
Middle East News
2025-11-27

Pope Leo arrives at Turkey's Presidential Palace—Video

LBCI
Middle East News
2025-11-27

Pope Leo visits Mustafa Kemal Ataturk's mausoleum—Video

Most read
d-none hideMe
24 hours
7 days
Month
LBCI
Lebanon News
13:26

US State Department backs potential $34.5 million military vehicle sale to Lebanon

LBCI
News Bulletin Reports
12:51

Military maneuvers and reports: Israel criticizes Lebanese Army demonstration

LBCI
News Bulletin Reports
13:00

Renewed global backing: Paris talks test international will to support Lebanese Army

LBCI
News Bulletin Reports
12:49

Foreign diplomats inspect Lebanese Army's progress in South Lebanon—Highlights of the tour

LBCI
Lebanon News
07:28

Beirut blast judge travels to Bulgaria to question ship owner

LBCI
Lebanon News
03:57

Tarek Mitri says Lebanese Army ready for next phase of weapons consolidation

LBCI
Lebanon News
03:02

Lebanon launches final phase of 2025 plan for organized return of Syrian refugees—Video

LBCI
World News
02:27

Trump adds seven countries, including Syria, to full travel ban list

Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
Download now the LBCI mobile app
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More