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.
Here’s ruzzia, trying to outspend the west. What happened last time for the ruzzians?
Oil prices are high, sometimes they are still selling above sealing price. They are still making more thab enough money from oil and other resources sales to keep financing this war for a long time. Plus every year they get about a million conscripts. Its unfortunate that they are so big that a massive cluster fuck of a war is bot affecting them as much as we are led to believe.
Compared to the west they had years and years of oil sales to build up a lot of capital to continue financing such wars.
What we need is to boost ammunition production and provide more military aid/training to Ukrainians. Alot more than now. The front is huge, few tanks won’t make a weather there without being able to chunk through ammunition like theres no tomorrow. So ammunition first and more tanks/planes after.
as long as there’re still european countries buying stuff from Russia (yes, I’m looking at you, Austria, Hungary, Poland…) and therefore financing the whole war, I fear we won’t see an end of all of this in the near future.
Plus it’s beyond me why PayPal and all other payment processing sites don’t block stuff like Boosty, which is used by almost exclusively russian firms to bypass western sanctions and receive cash - which does, in the end, also fuel the war business of Russia.
Polish state energy giant Orlen explains increased Russian oil imports | Notes From Poland https://notesfrompoland.com/2023/06/12/polish-state-energy-giant-orlen-explains-increased-russian-oil-imports/
As far as I understand Russia spending most of their money in the country itself to pay for the salaries of soldiers and manufacturing.
Instead, the state is just printing money,
If Austria is really financing the war, then only if Russia used that money to buy war stuff from elsewhere. For that I have no information. (I know that they buy from Iran and north Korea. However both of these countries do not use the euro?)
Parts of a lot of Russian weapons are of Western origin. That is stuff designed for civilian use, but can be used in weapons as well. For example GDS chips are used in smartphones, but also can be used in drones. That is the kind of stuff Russia needs hard money for. Then you have machining tools and similar products as well, which can be used to make weapons.
At the same time it enables Russia to focus its production on military products, if it can use hard currency for civilan goods.
Shouldn’t these thing fall under one oft the 11(?) sanctions packs we put on Russia so far?
If Austria is really financing the war, then only if Russia used that money to buy war stuff from elsewhere
Does not compute. Money from Europe helps financing the war even if it’s domestic production. Money is fungible, you can’t say this specific euro or ruble is not used for weapons and therefore it’s ok to pay them. Western business helps prop up ruble exchange rate which limits inflation and domestic discontent, which allows Putin to spend more on domestic weapon production.
