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Ukraine War Compels Russia to Double Defence Expenditure, Spending Crosses $100 billion

Published: August 4, 2023

Russia increases defense spending target to over $100 billion amid escalating war costs in Ukraine, putting strain on finances and widening budget deficit

Source: news18.com

Related Topics:

Dmitry PolevoyDenis ManturovYevgeny SuvorovNational DefencePrime Minister Denis ManturovInternational Monetary FundRussia Defence SpendingUssian War CostsUkraine ConflictUssian Budget DeficitUssian FinancesIndustrial ProductionGdp GrowthUssian Military ContractsEconomic RecoveryMilitary SalariesMilitary IndustryFull CapacityInflation RisksCentral Bank RatesGdp Growth ForecastImf OutlookFiscal ConsolidationUssia Economic Slowdown