Russian President Vladimir Putin has approved budget plans, raising 2025 military spending to record levels as Moscow seeks to prevail in the war in Ukraine

Spending on war and law enforcement agencies exceeds expenditures on education, healthcare, social policy, and the national economy combined.

Russia has presented the draft budget as "balanced", with the deficit falling to 0.5 per cent against this year's projected deficit of 1.7 per cent.

President Vladimir Putin signed Russia's new budget on Sunday, which includes record spending on military capabilities as Moscow's assault on Ukraine approaches the three year mark.

The government has acknowledged that the needs of what Moscow calls its special military operation in Ukraine and support for the military will remain the budget priority along wi

Russia's 2025 military budget has reached historic high spending levels as it seeks to prevail in the war in Ukraine. President Vladimir Putin approved the country's budget, which was posted to a government website over the weekend.

The budget plans raise 2025 military spending to record levels as Moscow seeks to prevail in the war in Ukraine.