22 to increase its 2024 growth forecast for Russia to 3.6%.The three-year budget, which plans to further hike military spending to post-Soviet record highs, shows Moscow's commitment to a long-war. But analysts warn that increased inflation and an ever-worsening labor shortage could see the tide turn on Russia's sanction-ridden economy."What we have seen in the past two years is that you can achieve relatively high growth with enormous fiscal support. The problem is you are simply mortgaging your future," Alexander Kolyandr, a financial analyst and non-resident scholar at the Center for European Policy Analysis, told the Kyiv Independent.After rounds of Western sanctions sent shockwaves through the Russian economy following its invasion of Ukraine in February 2022, plunging the ruble by over 30% and driving up consumer costs by almost a fifth across the country, the Russian Central Bank introduced tight capital controls, swiftly moving the economy onto a planned wartime footing and allowing the Kremlin to spend its way out of a brief period of recession.Is NATO ready for war with Russia?The launch of Russia’s full-scale invasion of Ukraine in February 2022 confronted the North Atlantic Treaty Organization (NATO) with a new geopolitical reality.