{
  "id": 10627935,
  "title": "Russia Plans Record 17.1 Trillion-Ruble Defense Budget as War Costs Deepen Fiscal Strain",
  "url": "https://urgent.news/2026/09/29/russia-plans-record-17-1-trillion-ruble-defense-budget-as-war-costs",
  "topic": "world",
  "section": "World",
  "published": "2026-09-29T06:23:01.000Z",
  "source": {
    "name": "Kyiv Post",
    "slug": "kyiv-post",
    "url": "https://www.kyivpost.com/post/85620"
  },
  "original_language": "en",
  "account": "Moscow is set to allocate a record-breaking 17.1 trillion rubles ($202.6 billion) for defense in 2027, a 27% increase from previous projections. This marks the highest military spending in post-Soviet history, accounting for nearly 35% of the nation's total federal expenditures. The draft three-year budget expects defense spending to remain high at 16.6 trillion rubles ($186.1 billion) in 2028 and 16.3 trillion rubles ($172.6 billion) in 2029. Combined with the \"National Security\" category, security and defense spending will make up 43.9% of total spending in 2027. The increase in defense budget is driven by Russia's growing financial strain, with an expected budget deficit of 3.2% of GDP in 2026, up from an earlier estimate of 1.6%. The Finance Ministry has also revised downward its forecast for oil and gas revenues to 7.6 trillion rubles ($85.2 billion) in 2026, down from 8.9 trillion rubles ($94.2 billion) previously. To finance the growing deficit, Russia plans to increase borrowing, with net borrowing projected to reach 7.7 trillion rubles ($86.3 billion) in 2027, a 43% increase. State debt is also expected to surpass the 20% GDP threshold, with government debt rising to 21.7% of GDP in 2027. The government is also exploring new tax measures, including a windfall tax on mining, metals, and gold-mining companies, which could generate around 200 billion rubles ($2.1 billion) annually.",
  "summary": "Russia plans to spend a record 17.1 trillion rubles on defense in 2027, or 35% of total expenditures. Moscow will rely on higher taxes and borrowing to fund the military as oil revenues fall and the budget deficit widens.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}