Russia to cut welfare, education funding in 2027 as war spending soars
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Russia to cut welfare, education funding in 2027 as war spending soars
Russia has had to tap its fiscal reserve fund, increase borrowing and raise taxes to keep up with growing military spending. (Reuters pic) MOSCOW: Russia will cut funding for welfare, education and healthcare in next year’s state budget, in addition to previously announced tax hikes, to help cover »»»
Russia to cut welfare, education funding in 2027 as war spending soars
MOSCOW, Sept 29 - Russia will cut funding for welfare, education and healthcare in next year's state budget, in addition to previously announced tax hikes, to help cover soaring military spending, fiscal documents obtained by Reuters showed. Russia plans to spend 17.1 trillion roubles ($202.58 bill»»»
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