Russia Increases Military Spending to $145 Billion Annually.

Moscow: The Russian presidency announced on Sunday that President Vladimir Putin has approved the country's budget for the next three years, which includes an increase in military spending to $145 billion annually. According to Jordan News Agency, the presidency stated, "Approximately 32.5% of the budget has been allocated to national defense, amounting to more than $145 billion annually over the next three years, compared to around 28.3% this year." This significant rise in military expenditure underscores Russia's strategic focus on enhancing its defense capabilities amid global geopolitical tensions. The decision marks a substantial increase from previous spending levels, reflecting the government's prioritization of national defense in its fiscal planning.