Follow

British intelligence has analyzed the impact on the Russian economy of further increases in military spending in Russia - in 2024, defense spending in Russia will amount to about 6% of GDP.

A steady increase in military spending is likely to contribute to inflationary pressures in Russia, the British Ministry of Defense emphasized.

In addition, a further increase in military spending will force the Russian government to make difficult decisions on how to finance the war, which is likely to increase financial pressure on Russian businesses

@liveukraine_media

Sign in to participate in the conversation
CleverLibre Social

CleverLibre Social is an inclusive social instance for open discussion, learning, and community.
All cultures welcome.
Hate speech and harassment strictly forbidden.