Russia Raises 2027 Military Spending Target to $202 Billion
Russia has raised its military spending target for 2027 to $202 billion, increasing the planned allocation by more than a quarter as the war in Ukraine escalates.
The revised target marks a reversal of earlier plans to halt increases in military spending. Moscow is now aiming for a larger defence budget rather than holding expenditure steady.
The change comes as Russia and Ukraine exchange attacks deep inside each other’s territory, extending the reach of the fighting beyond the front lines.
The $202 billion figure remains a spending target for 2027, rather than a measure of current expenditure. It points to Russia’s plans to sustain a higher level of military funding as the conflict continues.
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