Russian President Vladimir Putin has introduced plans to extend army spending to $142 billion by 2025. This represents a big enhance from the present price range of $61.7 billion. The transfer comes amid heightened tensions with the West and issues about NATO enlargement.
The elevated spending shall be used to modernize Russia’s army, together with the event of recent weapons techniques and the acquisition of superior tools. Putin mentioned that the spending is important to make sure Russia’s safety and to take care of its standing as a worldwide energy.
