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Presidential election in Russia: armaments at the heart of the Kremlin economy
Presidential election in Russia: armaments at the heart of the Kremlin economy
(France 2)
While he won a fifth term as President of the Russian Federation with 87.28% of the vote on Sunday March 17, Vladimir Putin is placing a large part of the country’s economy in the war.
Every day, on the front, the Russian army fires four to five times more shells than Ukraine. And for good reason, Vladimir Putin, who won his fifth term as president on Sunday March 17, has turned the country’s entire economy towards war. According to the Kremlin, 30% of federal spending is now devoted to the defense industry, or 7.5% of Russian GDP. To keep up, Vladimir Putin assured during a press conference that 520,000 positions had been created in the defense industry.
A forced war effort
Russian Decree No. 1365 published on August 1, 2022 stipulates that “in the defense industry, employers can make their employees work overtime without their consent”, and this, “regardless of the day of year”. Russia now has the capacity to produce 3 million artillery munitions per year, while Europe and the United States together can only supply a maximum of 1.2 million to Kief.
