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Russia increases defense spending target to over $100 billion amid escalating war costs in Ukraine, putting strain on finances and widening budget deficit

Dmitry polevoyDenis manturovYevgeny suvorovNational defencePrime minister denis manturovInternational monetary fundRussia defence spendingUssian war costsUkraine conflictUssian budget deficitUssian financesIndustrial productionGdp growthUssian military contractsEconomic recoveryMilitary salaries