US EditionRussia's High Military Recruitment Bonuses Are Straining Its Economy
UKRAINE, JUL 20 – Russia gained over 554 sq km in June but faces rising inflation and a $47 billion budget deficit amid record military spending, analysts say.
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BizTocRussia's high military recruitment bonuses are straining its economy
Russian President Vladimir Putin boosted soldier sign-on bonuses last July.Mikhail Metzel/Pool/AFP/Getty ImagesRussia's high recruitment bonuses are straining its economy amid the Ukraine war.The soldier sign-on bonuses increase competition for labor, driving up wages and inflation.The country's economic boom is unsustainable, analysts said.Russia's high recruitment bonuses to sustain its war effort in Ukraine are straining the country's economy…
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