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
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