“If fiscal expenses remain at their January levels throughout the remainder of the year, the NWF reserves could vanish in just three months. And even if they don’t — as is more likely — 2025 is probably the last year Moscow will be able to fully cover its fiscal deficit by tapping into those savings.”
not only money runs out, it’s also some categories of military equipment. i mean, it’s not like russia will run out of tanks entirely, because they still have ongoing production, but most of what goes to front are increasingly old rustboxes reanimated in tank factories - because it’s faster than building new one, but that happens too.
according to perun, they’ll start running out of tanks, ifvs, apcs, things of this type somewhere in 2025 - that is, storages will be emptied and any replacements would have to be new, which means that replacements will come something like 5x slower. it’s a bit harder to say with artillery, because barrels have limited number of shots and it is known that barrels can be taken from towed guns to put them in self-propelled guns. but it’s also bad, even if it means there’s another year there