Moscow, Oct 2, 2026 (AFP) - More on army, less on schools: What we know about Russia's 2027 budget

NAMPA / AFP
2026-10-02
Russia plans to sharply increase defence spending, cut funding for education and raise taxes next year as costs mount in its war with Ukraine, draft budget documents show. The budget comes as the Ukraine war grinds through its fifth year, with both sides intensifying long-range strikes and Moscow pummelling Kyiv in daily air attacks. Here's what we know about the plans, which have been submitted to Russia's lower house of parliament for approval:......
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WINDHOEK, 02 October 2026 - Executive Chairperson of the One Economy Foundation, Monica Geingos at the Foundation’s 11th Annual Fundraising Soiree. (Photo: Molly Weyulu) NAMPA

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