The Russian government may increase defense spending by the end of the year. Part of the additional allocations will go toward military needs related to the war in Ukraine, according to the Institute for the Study of War (ISW). Russian Finance Minister Anton Siluanov stated that the government requires additional funds to subsidize banks, service state debt, and meet the extra needs of the Russian Ministry of Defense and law enforcement agencies due to the war in Ukraine. An additional 1.5 trillion rubles (approximately $16 billion) is being requested for 2024 on top of the funds already alloc…