On October 2, 2026, according to Bloomberg, Russia is preparing for a prolonged war in Ukraine by allocating record military expenditures and refusing to cut funding for military operations.
Record Military Spending
New data indicates that the Russian budget for 2027 allocates $205 billion for defense. This is an increase of more than 40% compared to 2026 and nearly 380% compared to pre-war levels. Such an increase in spending suggests the Kremlin's serious intentions to continue military actions for an extended period.
Refusal to Cut Expenditures
The Kremlin is also refusing to cut military expenditures, which may indicate that Russia is preparing for a protracted conflict situation. Analysts note that this decision could be linked to expectations regarding European support for Ukraine.
Economic Consequences
At the same time, the deficit in Russia's budget for 2026 has already been raised from 1.6% to 3.2% of GDP, indicating serious economic challenges facing the country. These factors may impact the overall stability of the Russian economy amid a prolonged war.
