In the first six months of 2023, total budget expenditure rose to almost 15 trillion rubles (€142.3 billion), an increase of 2.5 trillion rubles (€23.7 billion) on the previous year, with defence spending responsible for almost the entire difference, economic analyst Boris Grozovsky says. The Russian government has simultaneously increased military spending while decreasing spending in other sectors, which is “why budget statistics are no longer being released,” Grozovsky added.

  • Tar_alcaran@lemmy.world
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    1 year ago

    Spending 45% doesn’t mean anything like getting 45%. You’ve gotta subtract all the graft and corruption, and all the sanction-dodging isn’t exactly free either.

    Additionally, it’s the 11th largest economy fighting against the donations of more than half of the countries above it in the ranking