Russia's invasion of Ukraine on track to be one of the most expensive wars of the century
Russia's invasion of Ukraine is on track to become one of the most expensive conflicts of the 21st century, The Moscow Times reported on October 2.
Russia's invasion of Ukraine is projected to become one of the most expensive conflicts of the 21st century, with the Kremlin earmarking a record 35% of its 2027 budget for military spending, according to The Moscow Times. The 17.1 trillion ruble ($203 billion) defense budget represents a massive increase from previous estimates and highlights the financial toll of the ongoing war, which has cost Russia more lives than all its post-World War II conflicts combined.
The sharp spending hike is attributed to Ukraine's effective offensive strategy, forcing Moscow to allocate substantial funds to its own defense, potentially surpassing the central bank's gold and foreign currency reserves by 2028.
Brief written by urgent.news from New Voice of Ukraine's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
