
From: Atlantic Council by Ivan Verstyuk: As the full-scale Russian invasion of Ukraine moves toward the two-year mark, Vladimir Putin is still far from achieving his original goal of extinguishing Ukrainian independence and subjugating the entire country. Nevertheless, there are no indications that the Russian dictator is looking to end the war. On the contrary, Putin evidently believes time is on his side in Ukraine, and appears more confident than ever that he can ultimately outlast the West.
Putin’s preparations for a long war are perhaps most immediately apparent in Russia’s 2024 budget, which includes an unprecedented increase in military spending to around double the figure for the current year. He is putting the entire Russian economy on a war footing, and is undeterred by the cuts this will necessitate in other areas such as social spending, healthcare, and education.