In the first six months of 2023, total budget expenditure rose to almost 15 trillion rubles (€142.3 billion), an increase of 2.5 trillion rubles (€23.7 billion) on the previous year, with defence spending responsible for almost the entire difference, economic analyst Boris Grozovsky says. The Russian government has simultaneously increased military spending while decreasing spending in other sectors, which is “why budget statistics are no longer being released,” Grozovsky added.

  • severien@lemmy.world
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    1 year ago

    If Austria is really financing the war, then only if Russia used that money to buy war stuff from elsewhere

    Does not compute. Money from Europe helps financing the war even if it’s domestic production. Money is fungible, you can’t say this specific euro or ruble is not used for weapons and therefore it’s ok to pay them. Western business helps prop up ruble exchange rate which limits inflation and domestic discontent, which allows Putin to spend more on domestic weapon production.

      • severien@lemmy.world
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        1 year ago

        Sure, I’m not disputing that.

        The message I was reacting to claimed that since the money Austria pays to Russia isn’t spent directly on weapons in foreign countries, there’s no moral issue in doing that. Which is not true.