Russia’s Record Military Spending and Its Economic Costs

Russia’s military outlays are projected to reach a record level in 2026 and remain high in the following years. I explain the stated shift in budget plans, how it relates to the war in Ukraine, and the financial pressures facing the Russian economy.

[00:00] Budget increase and the outlook for military spending, including the reported rationale following the Alaska summit
[00:35] Russian attacks on infrastructure and the economic pressures associated with sustained wartime spending

For viewers following the war and its economic implications, this offers context on spending plans and their potential burden on Russia’s budget. It focuses on military expenditure and economic pressures rather than providing a full account of the war; the figures and issues covered can serve as context when following future budget updates.