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Home ATTUALITA

How much is Russia spending on the war in Ukraine?

by imkadmin
Maj 23, 2022
in ATTUALITA
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How much is Russia spending on the war in Ukraine?
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During April, Russia spent over $ 300 million a day on defense, or about $ 280 million, because of the war in Ukraine. According to what was revealed by “MoscowTimes”, which quoted data from the Russian Ministry of Finance, compared to the pre-war period, this amount is twice as much,

In general, since February 24, 2022 and until today – that is, since the beginning of the so-called “special military operation” – defense spending in Russia has increased every month. In February, the figure was about $ 5.1 billion (about 369 billion rubles).

In March there was another increase, and spending reached $ 6.2 billion (450 billion rubles). April, meanwhile, remains the most expensive now, at $ 8.7 billione that have “evaporated” due to the cost of the war.

Moreover, the defense spending invested by Russia in April was more than double that of the pre-war period. Thus in January they were about $ 3.2 billion (233.7 billion rubles). In April 2021, this figure was 275 billion rubles.

How much does Russia spend on defense?

EIt is important to note that the amount spent by Russia on defense since the beginning of the large-scale occupation of Ukraine is equal to three times the amount spent on education (517 billion rubles), more than double the amount provided for the health system (615 billion rubles) and 10 times more than the money spent on preserving and managing the environment (167 billion).

As he counts in an article “Moscow Times “, the conflict in Ukraine is spending almost 1 billion rubles per hour Russian taxpayers’ money. In April, Moscow spent 628 billion rubles on “national defense.” On average, in the 3 months of the current war, the Russian military machinery has swallowed 21 billion rubles a day.

The problem is that the cost of the war continues to rise, at a time when the offensive of Kremlin forces seems to have stalled. Analyzing the last months, in February, in the background of the preparation of the ush campaigntorrake, the transfer of equipment and forces along the Russia-Ukraine border, expenditures increased by 136 billion rubles compared to January, reaching 369 billion. When the war entered its hottest stages, these expenditures increased by another 81 billion rubles, to 450 billion in March, and another 178 billion rubles in April.

The cost of the war in Ukraine

Adding up the various expenses, it turned out that in the period between January and April, Russia spent about 1.681 trillion rubles on military equipment. Although the Russian Treasury continues to receive an influx of goods tax revenues of over 1 trillion rubles a month – and the EU oil embargo is still far away – a sharp rise in military spending and a shrinking economy will to create some problems.

In fact, in April the Ministry of Finance recorded the first deficit of this year: budget revenues were 262.3 billion rubles lower than expenditures. In total the Treasury deficit could be around 1.6 trillion rubles.

According to another estimate, Russia is forced to spend $ 900 million a day to feed its military machinery. American Magazinewewsweek“This amount includes various items, including the payment of Russian soldiers fighting in Ukraine; supplying ammunition, bullets and missiles to the soldiers themselves; but also the cost of repairing destroyed or damaged military equipment. But Russia also has to pay for the thousands of missiles it is using during the war. Their cost? It seems to be about $ 1.5 million each. / Il Giornale – Bota.al

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