Russia’s Economy on The Brink of Depression: The Real Cost of Agression
After the beginning of full-scale aggression against Ukraine, Russian priorities have changed once and forever. The UK Ministry of Defence's report reveals a 68% increase in defence spending for 2024. Meanwhile, education and healthcare budgets remain stagnant, causing real spending cuts due to inflation. Experts reveal the alarming results of such thoughtless spending predicting huge problems in the public sector, up to inability to pay salaries. Forbes Ukraine reports that $167 billion from the Russian budget was spent on the war against Ukraine, diverting resources away from their own citizens. The situation in the aggressor state’s economy is becoming worse every day. Watch our news story to find out what consequences could this Kremlin policy have on Russian citizens and the course of war.
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