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Russia to hike defense spending by almost 70% in 2024
CGTN

Russia is set to hike defense spending by almost 70 percent in 2024, a finance ministry document published on Thursday showed.

The document said defense spending was set to jump by over 68 percent year-on-year to almost 10.8 trillion rubles ($111.15 billion), totaling around 6 percent of GDP.

Source(s): AFP

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