Russia's economic problems will not significantly affect the end of the war in Ukraine - expert.


From a financial point of view, Russia's economy has worsened, but not as much as Ukrainians would like. Therefore, it is incorrect to talk about whether Russia's economy is sufficient to conduct the war in Ukraine.
It is important to note that Russia's economy has problems that were more noticeable earlier. However, these economic problems will not be decisive for ending the war, said Adrian Pantiukhov, an economist at Ukraine Economic Outlook, in the FREEДOM TV program.
We need to stop talking about the economy of Russia collapsing in the near future. These are unrealistic expectations. We should talk about Russia having less money compared to 2021. There are problems in the RF economy, such as the reduction of the welfare fund, reduction of reserves, unsatisfactory levels of business activity, an increase in the key rate, and others. But, despite these problems, overall the RF economy remains stable.
According to the economist, Russia has its sales markets in India and China, which, although they buy Russian goods at low prices, continue to contribute large sums to the Russian budget. Therefore, it is incorrect to talk about whether Russia's economy is sufficient to conduct the war in Ukraine.
It is important to note that Russia's economy feels worse than before. But these economic problems will not be decisive for ending the war in Ukraine, concludes Adrian Pantiukhov.
Read also
- Estonia is building a powerful NATO munitions factory
- Osan Air Base: The US increases the number of F-16 fighters in South Korea by 155%
- The Ministry of Defense simplifies interaction with weapons manufacturers through a 'single window'
- Russia is afraid of losing Crimea - intelligence
- The National Police reported how much weapons Ukrainians declared
- Russia prepares to move troops to the border with Finland and the Baltic countries