Military expenditure will not be included in the public finance deficit. This is good news for Poland, as emphasized by Finance Minister Andrzej Domański. “We have an agreement with the European Parliament on the EU’s new budgetary architecture. Increased investment in defense will not be taken into account in the excessive deficit procedure. Budget adjustments […]
Tag: military expenditure
Record military spending in the new Russian budget
The Russian Parliament has adopted the draft federal budget for 2024-2026 in its first reading. The document predicts record military spending. – Total spending on national defense will reach 10.8 trillion rubles (about PLN 450 billion) in 2024 and will increase significantly compared to previous years, Russian Finance Minister Anton Siluanov said on Thursday. He […]