"Russia is manipulating economic data in order to appear more resilient than it really is. Despite the recent period of high oil prices, which has provided Russia with increased revenues, it would take a price of over $100 per barrel for an entire year to remedy the Russian budget deficit."
"The weak economy does not affect the strategic objectives. It is a political decision, not an economic one. However, the economic constraints and sanctions do affect what kind of military capabilities Russia can muster, and how quickly this can be done."
Sweden's military intelligence reported that Russia is manipulating financial data to misrepresent its economic state. Official figures indicate a declining GDP and weak industrial production, but the reality may involve higher inflation and a larger budget deficit. Despite high oil prices boosting revenues, Russia needs sustained prices over $100 per barrel to address its budget issues. The weak economy does not deter Russia's strategic goals, particularly in Ukraine, although economic constraints impact military capabilities and readiness.
Read at www.thelocal.se
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