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Source: Russia will spend $600 billion on defense and security until 2025

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Russia plans to spend a total of 34 trillion rubles ($600 billion) on national defense, security and law enforcement between 2022 and 2025, a source familiar with Russian Finance Ministry accounts said on Friday, under the country’s latest spending plan.

Russia is waging a costly military campaign in neighboring Ukraine, and this week it announced the mobilization of another 300,000 soldiers.

According to the latest figures, Russia will spend a total of 18.5 trillion rubles between 2022 and 2025 on national defense, including 4.7 trillion rubles this year.

Previously, Russia planned to spend 3.5 trillion rubles on national defense this year, out of a total of 10.9 trillion rubles in 2022-2024.

This year’s spending on security and law enforcement remains as planned, at 2.8 trillion rubles. Previous spending on security and law enforcement was 8.7 trillion rubles for the period from 2022 to 2024, compared to 15.6 trillion rubles planned for the period from 2022 to 2025.

The source did not provide other data on the allocations or other details. The Finance Ministry declined to comment.