Russia Burns Through Trillions: National Welfare Fund’s Liquid Assets Plummet
During 2 years of war, Russia burned 4.7 trillion rubles, more than 50% of its liquid assets of the National Welfare Fund. The liquid part of the so-called National Welfare Fund of Russia (NWF RF) has collapsed sharply. According to the Russian financial Telegram channel Proeconomicsthere are actually only 3 trillion rubles left in the … Read more