Russia’s New Draft Budget Includes a Significant Increase in Military Spending
Russia’s new draft budget includes a significant increase in military spending, while spending on social services, healthcare, and education will be reduced. Putin, speaking yesterday before State Duma deputies, said the budget must reflect the country’s interests and tasks.
Dozhd asked economist Igor Lipsits, a former professor at Moscow’s Higher School of Economics, what this redistribution of the budget in favor of war threatens, what will happen to healthcare in the regions, and how changes to subsidized mortgages will affect the country’s demographics and the position of developers.
Read about this in Dozhd’s article on the website.
The Budget Finds Money For War
Military spending rises while social services, healthcare, and education are reduced.
The country’s interests reported to barracks again.