More than $300 million a day: how much does the war with Ukraine cost and what does it mean for the Russian economy
On the one hand, no one has an answer to this question, on the other, the order of assessment lies on the surface. In 2024, the Russian defense budget will grow to 11 trillion rubles, or up to $120 billion at the current exchange rate. This is 30% of all budget expenditures and 6% of GDP. At the same time, in reality, Russia will spend even more on the war with Ukraine - some expenses are hidden in other budget items.