Key Points and Summary – Russia’s draft 2026–2028 budget signals mounting strain on war financing. Opposition economist Vladimir Milov flags seven straight years of >2% deficits and a 2025 shortfall raised to 2.6%, with official claims of later decline dismissed as unrealistic. -Sanctions have shut Moscow out of global capital; domestic borrowing and dwindling reserves […]

Last month, the Russian government released a draft of the proposed 2026–2028 federal budget, which purports to show the near-term priorities of President Vladimir Putin.

Vladimir Milov, a Russian opposition politician who left Russia after Putin’s February 2022 invasion of Ukraine, has released a pessimistic assessment of the former KGB lieutenant colonel’s chances of being able to continue to bankroll his war in Ukraine.

In his latest report for the Foundation, he projects rough times ahead for Moscow due to a series of unfavorable trends.

According to his analysis, Russia’s budgetary situation is anything but “normal.”

  • Tattorack@lemmy.worldEnglish
    7·
    1 day ago

    I’ve completely lost track of the amount of people in Russia named Vladmir, Vladimir, Voldemir, and Volodimir.

    • palordrolap@fedia.io
      9·
      1 day ago

      Fun fact: The closest English equivalent might be “Roderick”.

      But names have a funny habit of doing that. Nothing for decades, then it becomes a fashion and everyone and their pets have the same name, and then back to obscurity again. Rinse and repeat.