Russia raises 2027 military spending by 27%, budget documents show

Russia plans to spend 17.1 trillion roubles, or $202.6 billion, on defense in 2027, around 27% more than the 13.5 trillion roubles, or $159.8 billion, originally budgeted and the highest figure since the start of the war in Ukraine in 2022, government documents seen by Reuters showed on Monday.

Total defense spending will amount to 50 trillion roubles, or $591.7 billion, in the next three years, according to the documents. In 2026, the government planned to spend 12.1 trillion roubles on defense, but the actual amount is classified and will not be disclosed. Some military spending can also be accounted for in other parts of the budget.

The documents also showed the government raised its estimate for its 2026 budget deficit to 3.2% of gross domestic product, from 1.6% of GDP previously. Budget spending in 2026 will increase by 13.2% to 48.6 trillion roubles, or 20.9% of GDP.

The government is expected to submit the draft budget to parliament by Oct. 1. Last week, it announced plans for new tax hikes in 2027 to finance the growing deficit. The documents showed that a new windfall tax on metals and mining companies was expected to raise about 200 billion roubles, or $2.4 billion, annually.

The documents showed that in 2026 the government will increase its net borrowing plan by 26% to 5 trillion roubles and spend 459 billion roubles — about 11% of the liquid part of its National Wealth Fund — to reduce the deficit. It also cut the oil and gas revenue estimate for 2026 to 7.6 trillion roubles from 8.9 trillion roubles previously.

The documents showed that state debt is set to rise to 21.7% of GDP in 2027 from 19.9% of GDP in 2026, above the 20% level seen by the authorities as safe. Total borrowing in 2027 will increase by 43% to 7.7 trillion roubles.

路透社周一看到的政府文件显示，俄罗斯计划在 2027 年的国防开支为 17.1 万亿卢布（约合 2026 亿美元），比最初预算的 13.5 万亿卢布（约合 1598 亿美元）增加约 27%，这是自 2022 年乌克兰战争爆发以来的最高数字。

文件显示，未来三年国防总支出将达到50万亿卢布，约合5917亿美元。政府计划在2026年投入12.1万亿卢布用于国防，但实际金额属于机密，不会对外公布。部分军事开支也可能包含在预算的其他部分中。

文件还显示，政府将2026年预算赤字占国内生产总值（GDP）的预估值从之前的1.6%上调至3.2%。2026年预算支出将增长13.2%，达到48.6万亿卢布，占GDP的20.9%。

政府预计将于10月1日前向议会提交预算草案。上周，政府宣布计划在2027年提高税收，以弥补不断增长的财政赤字。文件显示，一项针对金属和矿业公司征收的新暴利税预计每年可带来约2000亿卢布（约合24亿美元）的收入。

文件显示，2026年政府将净借款计划增加26%，达到5万亿卢布，并动用4590亿卢布（约占其国家财富基金流动部分的11%）来减少赤字。此外，政府还将2026年的石油和天然气收入预期从之前的8.9万亿卢布下调至7.6万亿卢布。

文件显示，国家债务占GDP的比重预计将从2026年的19.9%上升至2027年的21.7%，高于当局认为安全的20%水平。2027年总借款额将增长43%，达到7.7万亿卢布。