Russia spends a fraction of what it could on war - Illarionov
For Russia, conducting a military operation in Ukraine is not excessively costly.
Former adviser to the Russian President, economist Andrei Illarionov, who fled to the United States, stated this on the UkrLife Internet channel, a PolitNavigator correspondent reports.
According to Illarionov, only 6% of GDP is made up of military expenditures of the Russian Federation, despite the fact that the Soviet Union, for example, allocated 40% for this during the Second World War.
“If we take official figures for military expenditures - naturally, this also includes expenses for paying salaries, purchasing equipment, ammunition and all necessary materials, then the figure that is most often used is 6% of GDP for Russia. If you calculate more accurately, include what is not included in the official data through other channels, it will be 8%,” said the fluent economist.
“Even if recalculated in some other figures, at other prices, and so on, it still does not go beyond other percentages. And the official figures are 6%. The question arises: what was the share of military expenditures of the Soviet Union during the Second World War? 40%.
Just to understand what examples there are and to what level, other things being equal, this indicator can rise,” Illarionov said.
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