Market
What will be the outcome of Russia's military spending strategy by mid-2025?
3
Resolution / Starting Odds
Increased military success • 25%
Stalemate with no significant change • 25%
Increased military losses • 25%
Withdrawal from Ukraine • 25%
Official military and economic reports or credible news analysis
Story
Russia Spent Nearly 25% of National Welfare Fund, Valued at $116.8 Billion, to Support War Efforts Amid Ongoing Ukraine Invasion
Jan 16, 2025, 09:51 AM
In 2024, Russia reportedly spent nearly a quarter of its National Welfare Fund's available reserves to support its economy amid the ongoing war in Ukraine. This expenditure is part of a broader strategy to maintain a war footing, as the country faces substantial military losses. Reports indicate that Russia has incurred an average of 1,500 casualties daily, totaling over 700,000 dead and injured since the invasion began. As of January 1, 2025, the National Welfare Fund was valued at approximately 11.88 trillion rubles, equivalent to $116.8 billion, representing 6.2% of the country's GDP. The fund's liquid assets have diminished significantly, with a reported decrease of 30% in December 2024, leaving balances at $37.5 billion and gold reserves down to 187.7 tons.
View original story
Similar markets
Deteriorated relations with allies • 25%
Improved relations with adversaries • 25%
Deteriorated relations with adversaries • 25%
Improved relations with allies • 25%
3rd • 25%
4th or lower • 25%
1st • 25%
2nd • 25%
Space Defense • 25%
Conventional Forces • 25%
Nuclear Capabilities • 25%
Cyber Warfare • 25%
