Russia Ukraine war, page-182434

  1. 5,727 Posts.
    lightbulb Created with Sketch. 75
    Apologise? Military spendings are normally referenced in relation to GDP, that's why I used those numbers. You did not disclose all the relevant information regarding the increase in budget spending hence no comment on it. The revenue will grow by more than a third in the same period. Square one.

    The new budget, which is awaiting approval from the State Duma, envisages that revenue will grow by more than a third in 2024, reaching 35 trillion rubles ($349 billion).

    The Kremlin isn’t just gearing up for a prolonged war in Ukraine, but apparently sees certain economic benefits from such a scenario. Unlike oil, guns drive industrial growth: economic growth reached 4.9 percent in July. Industries directly related to the war have seen spectacular growth.

    Russia’s 2024 Budget Shows It’s Planning for a Long War in Ukraine - Carnegie Endowment for International Peace
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.