The Russian State Duma has approved the federal budget for 2026–2028. The document provides for significant spending on defense and security, as well as the maintenance of the state’s social obligations, including pension payments and support for vulnerable groups.

The budget includes a substantial increase in spending on the defense sector, security forces, and national security. Experts describe the document as a “military” budget, as the share of funds allocated to defense remains at a record high. The budget reflects the strategy of the Russian government amid the current geopolitical situation. High defense expenditures signal the continued prioritization of security, especially in the context of the ongoing international conflict.

Despite the increase in military spending, the government promises to maintain key social obligations: pension payments, subsidies for low-income citizens, and support for families with children. In other words, despite the military focus, the authorities emphasize that social commitments will remain. Experts believe that maintaining pensions and family support is a key factor in ensuring social stability.

Part of the increased spending is planned to be covered through higher taxes on individuals and businesses. Analysts predict an increase in VAT, as well as possible additional levies on consumer electronics and certain services. Thus, citizens and businesses will face a higher tax burden, and the increase in VAT and new levies may affect the consumer sector and lead to price increases.

According to economists, such a “military” budget can provide funding for the defense industry and strengthen national security but creates risks for economic growth and citizens’ purchasing power in the medium term.

#RUSSIA

22.11.2025 09:39