A former Russian politician, Illya Ponomarev, stated that the war costs Putin 20 billion dollars a day. This seems to be an exaggeration to me. Of course it is impossible to talk about precise figures, but approximately how much can it be? What a range of sums can be considered as more or less plausible? Millions dollars? Tens of millions? Hundreds of millions? Billions?
The daily cost of war in Ukraine may exceed $20 billion for Russia, according to a recent study.
The study, conducted by the Centre for Economic Recovery, CIVITTA and EasyBusiness, said that direct losses in the first four days of the war were about $7 billion, including military equipment and casualties among personnel.
Citing the study, CIVITTA said: "The total daily cost of war for Russia is likely to exceed $20-25 billion given logistics, personnel, rocket launches, etc."
Beyond military costs, the study also mentioned fiscal pressure on the Russian economy, saying: "As a result of sanctions pressure, the financial sector of Russia has suffered irreparable losses."