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14-12-2023, 04:48 PM
Considerable strain’ on Putin Russia’s economy.
GDP would be more than 5% bigger if Moscow had not invaded its neighbour.
It is driving up domestic consumer prices and forcing Moscow to spend a third of its budget on defence, US Treasury department. The year long war plus.combination of US allies’ sanctions and Moscow’s policy response was “putting Russia’s economy, it put PUTIN under economic strain”
https://www.ft.com/content/5e62c011-0c94...f8072e2a64
GDP would be more than 5% bigger if Moscow had not invaded its neighbour.
It is driving up domestic consumer prices and forcing Moscow to spend a third of its budget on defence, US Treasury department. The year long war plus.combination of US allies’ sanctions and Moscow’s policy response was “putting Russia’s economy, it put PUTIN under economic strain”
https://www.ft.com/content/5e62c011-0c94...f8072e2a64
