Russia spent 1.7 trillion roubles on defence between January and April, almost half the 3.5 trillion roubles, or 2.6 per cent of GDP, budgeted for all of 2022.
The government will use Russia's National Wealth Fund , a rainy-day cushion built up from oil and gas revenues, to cover the deficit, and also to support the value of stocks and bonds, which have fallen sharply since Moscow sent tens of thousands of troops and heavy armour into Ukraine on Feb 24.
what about US?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: