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Belousov's ability to get things done - having raised around 300 billion roubles ($3 billion) with a tax on corporate windfall profits - is likely to have impressed President Vladimir Putin.
According to economist Sergey Guriev, Russian economy after 2022 has practically split into two parallel ones: the military economy, that runs on orders placed by the government with the military industries and payments to soldiers, which has observed growth; and the civilian sector that heavily suffers from high inflation, price increases ...
Putting an economist in charge of the Defense Ministry was seen as a way of better managing what is an increasing drain on Russia's wealth as the war's third year drags on. ... serving as Putin ...
MOSCOW (Reuters) -Russian President Vladimir Putin tapped a civilian economist as his surprise new defence minister on Sunday in an attempt to gird Russia for economic war by trying to better ...
IHS Inc. estimated the 2013 Russian military budget as being US$68.9 billion, US$78 billion in 2014, and predict a rise to US$98 billion in 2016. [18] IHS described this as a rapid increase in spending which will result in the defence budget increasing from 15.7 percent of federal expenditure in 2013 to 20.6 percent by 2016.
Andrey Nikolayevich Illarionov (Russian: Андре́й Никола́евич Илларио́нов, born 16 September 1961) is a Russian economist and former senior policy advisor to Vladimir Putin, the President of Russia, from April 2000 to December 2005. Since April 2021, he is a senior fellow at the non-governmental organization Center ...
From 2008-2012, he was director of the department for economics and finance in the government apparatus, the same years Putin served as prime minister. * In 2012, he was made economics minister.
Although Ukraine is not a member of the North Atlantic Treaty Organization (NATO) and does not have a military alliance with the United States or any NATO nation, [3] from 24 January to 3 August 2022, the Kiel Institute has tracked $84.2 billion from the 40 NATO-member countries in financial, humanitarian, and military aid to Ukraine.