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Russia’s War Budget Cracks Under Pressure

Russia’s War Budget Cracks Under Pressure

Published 1 day, 20 hours ago
Description

Inside Russia’s elite financial circles, a quiet crisis is brewing as top officials warn Putin that sustaining the war in Ukraine is economically unsustainable, with deficits soaring and growth forecasts slashed. Despite pleas to cut spending, the Defense Ministry demands more funds, and Putin backs them — even as Russia launches another major assault on Kyiv, highlighting the Kremlin’s painful balancing act between military momentum and mounting economic pressure.

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