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Russia's Minfin to Boost FX/Gold Purchases Fivefold from Oct 7
InterfaxLO·RU·about 12 hours ago
Putin signed a decree raising Russian troop numbers by 15,500, the fourth such increase this year, signaling sustained military expansion. Moscow is preparing a record defense budget for 2027, funded by tax hikes and a budget deficit, indicating a long-term commitment to high military spending despite economic strain. The move underscores Russia's continued force buildup amid the Ukraine conflict, with fiscal implications for the Russian economy.
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