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ISW predicts when Russia’s economy will enter crisis due to war in Ukraine
Russia may face serious economic problems in 12-18 months if it continues its war against Ukraine
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The Institute for the Study of War (ISW) reports.
U.S. analysts emphasize that the ongoing war against Ukraine is overwhelming the Russian economy. Inflation is rising in the country, Russia's sovereign wealth fund is being spent, and the situation with the labor shortage is getting worse.
“Russia will likely face a number of materiel, manpower, and economic issues in 12 to 18 months if Ukrainian forces continue to inflict damage on Russian forces on the battlefield at the current rate — likely increasing the economic burden that the Russian population will feel in the future,” ISW concluded.
- As a result of the war against Ukraine, the Russian economy has lost between 1.5 and 1.7 million able-bodied citizens.
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