Russian President Vladimir Putin (L) listens to Finance Minister Anton Siluanov (R) during Russian-Chinese meeting in the Grand Kremlin Palace on May 8, 2015 in Moscow,
Russian President Vladimir Putin and Finance Minister Anton Siluanov.
  • Russia has enough money for its war in Ukraine, Finance Minister Anton Siluanov said on Wednesday.
  • It plans to hike defense spending nearly 70% next year.
  • Siluanov said energy revenues were better than expected, despite heaps of Western sanctions.

As heavily sanctioned Russia heads into the 23rd month of the conflict with Ukraine, the country's finance minister said it has enough money to pay for the war.