Russia’s Finance Ministry asked government to freeze spending across all budget lines except military, FT reports
2 Articles
2 Articles
Russia’s Finance Ministry asked government to freeze spending across all budget lines except military, FT reports
Russia’s Finance Minister Anton Siluanov asked the government in February to cut spending across every budget line item for 2026 except military expenditures, the Financial Times reported.
Russia this year is forced to significantly increase spending on the war against Ukraine. Due to the growth of defense spending, the country's budget deficit has already exceeded the planned indicators, and the Russian Ministry of Finance urges the government to freeze financing in other areas. This is reported by the Financial Times. According to the newspaper, Russian Finance Minister Anton Siluanov in February appealed to the government with …
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