(Morning News) Russian Minister of Finance Silu Anov said that Russia's military operations in Ukraine require huge amounts of financial resources. He also said that the economic stimulus budget for Russia is 8 trillion rubles (approximatelyS $ 165.3 billion).
Reuters reported that after Russia began invading Ukraine on February 24, the West had a large number of sanctions on Moscow. These sanctions have soared Russia's inflation rate to nearly 18%and pushed Russia to RussiaTo the edge of recession.
Silu Anov said in a speech at a financial university in Moscow on Friday (May 27): "(Ukraine) Special military operations require money and huge financial resources."
In a TV interview broadcast on Friday night, Silu Anov revealed that Russia will receive an additional 1 trillion ruble oil and natural gas income this year. These funds will be used to pay higher social welfare.gold.
Russian President Putin ordered a 10%increase in pensions and minimum wages this week to help the people respond to inflation, but he denied that all economic issues were related to Ukraine's "special military operations".
Silu Anov said earlier this week that the federal budget this year must pay 600 billion rubles for these buffer measures, and the amount that must be paid next year is about 1 trillion rubles.
