Clearly the best time to make concessions to Russia…
Reposted from
Agathe Demarais
Liquid reserves of Russia's national welfare fund have lost 60% of its value since February 2022
• Reserves now cover less than one year of fiscal deficit, raising doubts around Kremlin's ability to sustain financing war
• Russian ministry of finance appears to have shut down access to relevant data
• Reserves now cover less than one year of fiscal deficit, raising doubts around Kremlin's ability to sustain financing war
• Russian ministry of finance appears to have shut down access to relevant data
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