Russian BMP-3. (Photo: Rostec)
The documents published by Russia's state Duma show that spending on defence will increase by 43% compared to previously published figures.
Planned defence spending will reach 4.7 trillion Rubles ($81.5 billion) in 2023 compared to a previously expected 3.5 trillion Rubles ($60.6 billion).
National security funding, which includes Russia’s police services, is predicted to increase by almost 49% when compared to figures published last year.
Russia is one of the world’s five biggest defence spenders, according to Stockholm International Peace Research Institute (SIPRI).
Before 2021, the country had seen three consecutive years of increased defence expenditure.
The initial document focused more on creating the right partnerships and inspiring investment in defence than on any details of how future UK Armed Forces would be armed.
The first stage of developing a new UK Defence Industrial Strategy has highlighted failings in current structures with solutions expected to be proposed in next year’s full strategy.
Romania joined NATO more than two decades ago and the country is vital to the alliance’s geographic reach and its ability to supply Ukraine with weapons.
Although Trump’s geopolitics policy for Europe remains unclear, defence analysts from the US and Europe predict how his incoming administration would attempt to handle critical issues on the continent.
The UK budget announced in Parliament on 30 October was the first by a Labour government in 14 years which has also launched a review into defence procurement programmes.
The Australian government has placed a focus on Guided Weapons and Explosive Ordnance (GWEO) which has included the purchase of additional long-range rocket systems and investments in local production of missiles.
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