The war is going so well for russia ....they decied to spend more money on it - A LOT MORE - just as well it's only an SMO ......I wonder what an actual war would cost ????
Russia to raise defence budget by 25% to highest level on record
Taken together, spending on defence and security will account for about 40% of Russia’s total government spending – or 41.5tn rubles in 2025.
The 2025 budget suggests Putin has embraced what economists have dubbed “military Keynesianism”, marked by a significant rise in military spending, which has fuelled the war in Ukraine, spurred a consumer spending boom and driven up inflation.According to the draft budget, social spending is expected to decrease by 16% from 7.7tn rubles this year to 6.5tn rubles next year.
Analysts believe the long-term economic outlook for Russia is far gloomier than it was before the invasion.
https://www.theguardian.com/world/2024/sep/30/russias-defence-spending-to-rise-by-25-next-year-the-highest-since-the-cold-war
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