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600 billion in reserves, much of which they probably can't spend due to sanctions. 84 billion military budget. Sanctions have supposedly frozen about half of t
by grumple 3y ago
600 billion in reserves, much of which they probably can't spend due to sanctions. 84 billion military budget. Sanctions have supposedly frozen about half of their reserves [0]. I expect the situation will continue to worsen for Russia though, in terms of revenues, expenditures, sanctions, and money going missing due to corruption.
0. https://www.reuters.com/article/ukraine-crisis-russia-reserves/sanctions-have-frozen-around-300-bln-of-russian-reserves-finmin-says-idUSL5N2VG0BU https://www.reuters.com/article/ukraine-crisis-russia-reserv...