Russia can finance the war in Ukraine for at least a year, despite sanctions. Such an assessment is contained in alleged US military documents that got online after a recent leak, The Washington Post reports.
"U.S. intelligence says Russia will be able to fund the war in Ukraine for at least another year, even under the weight of unprecedented and growing sanctions, according to leaked U.S. military documents," the report said.
It is reported that while some of Russia's economic elites may disagree with the country's course on Ukraine, and sanctions have hurt their businesses, they are unlikely to abandon their support for Russian President Vladimir Putin.
"Moscow is relying on increased corporate taxes, its sovereign wealth fund, increased imports and business adaptability to help ease economic pressures," the paper cited in part of the assessment, which is said to be labeled "top secret," the highest level of secrecy.
It is noted that the documents do not consider the impact of recently introduced sanctions and the long-term impact of the price ceiling on Russian oil. Also, the estimate does not include data on such important factors as ammunition costs and the need to recruit new soldiers.
During the year, Russia spent 114.4 billion dollars on the war in Ukraine, which is almost 10 billion dollars per month.
Britain suggests that the recent statement by Russian Prime Minister Mikhail Mishustin about "the transition to the issuance of part of Russia's sovereign debt obligations in foreign currency" indicates that Russia expects financial support from other countries, which could go to support for Russia's war against Ukraine. .
