politics

Russia overspends on Putin’s war in Ukraine by $28bn

Finance ministry asked cabinet in February to freeze expenditure in other areas as cost of conflict mounts

Russia overspends on Putin’s war in Ukraine by $28bn

TL;DR

  • Russia has overspent by $28 billion on its war in Ukraine.
  • The finance ministry requested a freeze on expenditure in other areas.
  • This request was made to the cabinet in February.
  • The mounting costs of the conflict are putting a strain on Russia's finances.