Foreign companies left Russia after 2022. Moscow is now building legal framework to use their names, software, and trademarks
Russia calls it "external temporary management."
Browsing Tag
budget
18 posts
Russia spends $2.7 billion weekly on war against Ukraine, total war costs exceed $195 billion in 2025
Russia's military spending this year is 20% higher than planned.
Rada passes 2026 budget with 257 votes as teachers get raises, military salaries remain unchanged
The Verkhovna Rada (Ukrainian Parliament) began second reading consideration of the draft state budget for 2026, a Public…
Revenue rises, taxes fall: Ukraine’s budget twist explained
Government revenue exceeded targets by 3.1% through October—revealing unexpected fiscal resilience.
Ukraine secretly drains $30 million from Moscow’s war chest
HUR cyber specialists paralyzed Russia’s payment system, halting transfers for those participating in the brutal war agaisnt Ukraine.
Ukraine allocates record 955 billion hryvnias for weapons in 2026 budget
One-third of Ukraine's 2.8 trillion hryvnia defense budget will fund weapons procurement in 2026, as the country prepares its fifth consecutive wartime budget amid mounting debt concerns
Ukraine asks West to fund half its government as defense spending hits record 27% of GDP
$10 billion gap tests whether Western taxpayers can sustain Ukraine’s unprecedented military mobilization through 2026.
Ukraine faces $7 billion defense crisis despite aid surplus
Billions in civilian aid sit unused while Ukrainian army faces funding crisis.
Ukrainians contributed $ 5 bn to Poland’s budget in 2024 as refugee protection faces uncertainty
New figures reveal 1.55mn Ukrainians generated $5 bn for Poland's budget in 2024, coinciding with President Nawrocki's veto of refugee protection extension.
German government approves budget for 2026 with $ 9.6 bn for Ukraine
The German government approved on 30 July its draft budget for 2026 and medium-term financial planning through 2029,…
Ukraine triples military tax, but still faces $ 12 billion defense gap in 2024
Starting in December, citizens face a military levy increase from 1.5% to 5% as Kyiv scrambles to close a sizable shortfall in immediate defense needs, with the new tax revenue going primarily to weapons production and military salaries.
Bloomberg: Russia to boost military spending by 27% in 2025
Russia's 2025 draft budget reveals a continued shift towards a war economy, with defense spending set to reach 6.2% of GDP, according to documents reviewed by Bloomberg.
IMF delivers $880 million tranche to Ukraine for macroeconomic stability amid war
Ukraine receives an $880 million tranche from IMF under the Extended Fund Facility Arrangement, aiding budget expenditures and macro-financial stability amid the ongoing Russo-Ukrainian war.
Budget committee: Ukraine counts on financial aid from EU, US but prepares for delay
Roksolana Pidlasa, MP and head of the budget committee of the Ukrainian Parliament, said the country counts on financial aid from partner countries but is already preparing for the challenging first quarter of 2024 due to delays.
US approves record $ 886 bn defense budget, Ukraine aid considered separately
It's the US's largest military budget in history, in which Ukraine would receive $300 million for its battle against invading Russian forces.
ISW: Putin signs off on Russia’s biggest budget yet
The 2024 budget contains Russia’s largest-ever allocation to defense and law enforcement, reaching 39% of all spending.
Ukraine’s budget allocates over $2 billion for arms production in 2024
The 2024 state budget of Ukraine provides $1,2 billion for the production of unmanned aerial vehicles and another $1,2 billion for the production of ammunition and weapons.
Ukraine to spend half of 2024 budget on defense, prime minister claims
Ukraine's parliament has approved a state budget for 2024 with half of all state spending to go on…