The sharp increase in military expenditure, expected to more than double by 2024 to 6 percent of GDP, has meant that the budget is in deficit by about 2.8 percent, but this is eminently sustainable since public debt is low at barely 20 percent of GDP.

Sanctions, prolonged war haven't hurt Russia as much as West hoped, but long-term cost is inevitable comes via ChinaTechNews.com.

The sharp increase in military expenditure, expected to more than double by 2024 to 6 percent of GDP, has meant that the budget is in deficit by about 2.8 percent, but this is eminently sustainable since public debt is low at barely 20 percent of GDP.

Sanctions, prolonged war haven't hurt Russia as much as West hoped, but long-term cost is inevitable comes via ChinaTechNews.com.