War economic system in Russia: Not going properly for Putin | EUROtoday

The Russian authorities is giving the impression that the warfare of aggression in opposition to Ukraine is costing folks within the large cities little or nothing. The troopers for the entrance are principally recruited in non-Russian or distant areas. Salaries are rising. Restaurants and cafes are full. The costs for heating and gasoline have remained virtually steady. The facade of normality helps the regime.

But now it's getting costly.

Putin surprises his topics with the most important tax enhance in many years. His predecessor Boris Yeltsin was far much less grasping and reached into folks's pockets. Then there may be the inflation: Putin's inflation is at eight %, calculated by the federal government, however in actuality it’s at the least twice as excessive. Waging wars of aggression is dearer than folks thought. The so-called prosperity funds saved with petrodollars are drying up. Oil and fuel are at present bringing in lower than Putin had hoped. He thought he might burn the world, which was harassed by local weather change, and use it to finance his warfare. But under no circumstances.