Russia spent 46% of budget on military in early 2026 despite falling revenue, ISW says
Moscow promised to cut war spending in 2026 but increased it by 30%, according to expert analysis.

According to the Institute for the Study of War (ISW), Russia allocated 46% of its state budget to military expenditure in the first part of 2026. This increase comes at a time when government revenues have declined. Moscow had previously pledged to reduce war-related spending, but instead raised it by 30%. The expert assessment indicates that Russia continues to prioritize military spending despite economic challenges.

