Day: November 27, 2023

Putin Signs Russia’s Three-Year Budget, Amplifying Military Expenditure

Posted by Kyiv Center for Defense Policy | Nov 27, 2023 | Economics |

Russian President Vladimir Putin recently signed a national budget for the next three years, reflecting a substantial 25 percent increase in spending. The budget allocates 36.6 trillion rubles ($415 billion) for 2024, accompanied by an anticipated deficit of 1.595 trillion rubles ($9.5 billion).

German Boost: Ukrenergo Secures EUR 24.5 Million to Enhance Power Grid

Posted by Kyiv Center for Defense Policy | Nov 27, 2023 | Technology |

Ukraine’s National Power Company, Ukrenergo, is set to receive an additional EUR 24.5 million from the German government to enhance the country’s energy system. Ukrenergo CEO Volodymyr Kudrytskyi announced the allocation, with EUR 24 million in credit.