Putin asks oligarchs to donate to Russia’s dwindling defence budget - The Guardian

The Guardian
March 26, 2026
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Vladimir Putin has asked Russian oligarchs to donate to Russia's defense budget as military spending pressures mount. The appeal underscores the Kremlin's financial strain from sustaining its war effort in Ukraine and broader military commitments. Oligarchs have historically been a source of discretionary funding for the Russian state, though such requests also reflect the government's need to supplement official budget allocations. The move signals potential constraints on Moscow's ability to fund military operations through conventional state revenues alone. Russia has been locked in a grinding conflict in Ukraine since February 2022, with defense costs accelerating significantly.

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