Dazzle
Active member
After two years of war, Russian economy proves resilient – but for how long? Despite several rounds of sanctions levied by Western powers over the war in Ukraine, the Russian economy registered strong growth in 2023 after a recession the previous year. Fuelled by increased public spending – particularly military spending – other industrial sectors also benefited from the war in Ukraine, with the country's economic resurgence aided by continued revenue from oil and gas exports.