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Russia’s Military Spending Soars and Exceeds Health, Education, and Environment Combined, with Nearly US$ 900 Million Per Day Allocated to War
According to a 2022 estimate, Russia was already spending about US$ 900 million per day on the war in Ukraine, according to estimates published by Newsweek. Converted at the current exchange rate, this amounts to approximately R$ 4.9 billion daily. It is more than three times what the country was spending before the conflict began, according to data from the Russian Ministry of Finance cited by the Moscow Times.
Since February 24, 2022, when the so-called “special military operation” began, defense spending has only increased. In February, spending reached US$ 5.1 billion, or 369 billion rubles.
The following month, it rose to US$ 6.2 billion, which represents 450 billion rubles. But it was in April that the record was set, with US$ 8.7 billion allocated to military expenses.
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Two Billion Per Day in Rubles
In January, spending was US$ 3.2 billion, or 233.7 billion rubles. In April 2021, before the war began, spending was 275 billion rubles. The jump shows the direct impact of the conflict on the country’s public finances.
A calculation from the Moscow Times itself indicates that, currently, the war consumes nearly 1 billion rubles per hour from Russian public coffers.
In April, just for “national defense,” Moscow spent 1 trillion rubles. On average, during the 628 days of conflict, the Russian army spent about 3 billion rubles per day.
More Than Health, Education, and Environment Combined
The comparison with other budget areas shows the weight of the war: the amount spent on defense since the start of the invasion is three times greater than that invested in education (517 billion rubles), more than double the health budget (615 billion rubles), and ten times what was allocated for environmental preservation (167 billion rubles).
Moreover, the months of February, March, and April marked consecutive increases in expenditures. In February, military movements at the Ukraine border had already increased spending by 136 billion rubles compared to January. In March, there was another jump of 81 billion rubles. And in April, an additional 178 billion rubles were added.
Fiscal Deficit Worsens with War
During the same period, the Russian Ministry of Finance recorded the first deficit of the year: government revenues were 262.3 billion rubles below expenditures. The shortfall could reach 1.6 trillion rubles.
According to Newsweek, Russia is reportedly spending about US$ 900 million per day to keep its military machine active.
This includes salaries for soldiers, ammunition, repairs for damaged equipment, and even the cost of missiles used, which can reach up to US$ 1.5 million per unit.
With information from Insajderi.
É que lá não tem tanta copa assim, para esse tanto de estádios. Fala sério, o editor do site deve ter 10 anos e apaixonado pelo Messi ou CR7. Pensava que já tinha visto de tudo que é ruim na internet, mas essa matéria tirou nota 10 em ser rídicula.