Russia's economic growth may be too weak to sustain defense and social spending, a top business leader warns

businessinsider.com/russia-economy-gdp-growth-defense-social-spend-putin-tax-hike-2025-10

Russian President Vladimir Putin has said he was looking to hike taxes on the rich to bankroll the war in Ukraine.
Sergei Bobylyov/Pool/AFP/Getty Images
Russia's economy is slowing, raising concerns about funding defense and social spending.
Western sanctions and soaring military outlays…

This story appeared on businessinsider.com, 2025-10-03 06:13:19.
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