Russian casualties in Ukraine reportedly reach staggering numbers — 200,000 dead and 400,000 wounded. Now President Vladimir Putin has announced a significant increase in bonuses for soldiers signing contracts with the Ministry of Defense.
Increased by Nearly 25%
The new bonuses can go up to 2 million rubles (approximately $21,300) for those heading to the front lines, in addition to a monthly salary of about 200,000 rubles (around $1,900).
This substantial financial incentive comes amid concerns about its impact on the Russian economy. Maxim Blant, a Russian economic analyst now residing in Latvia, explains that these payments represent about one-fifth of Russia's budget, contributing to rising inflation and further straining the economy.
The recent increase in military payments is reported to be nearly 25%.
In the context of mounting casualties, this decision aims to encourage enlistment amid indications that the military is struggling to maintain its personnel levels.
Skepticism About Timely Payment
Discussions among Russian citizens on social media platforms, such as Telegram and VKontakte, reveal mixed feelings about these incentives.
While some believe that the bonuses will help soldiers purchase essential equipment, others express skepticism regarding timely payments and the overall management of funds.
Blant points out that this financial strategy deepens societal divisions between those benefiting from the war and those engaged in producing consumer goods and services.
As military contracts draw resources away from the civilian economy, the result may lead to higher inflation rates and a growing gap between different sectors of society.
