Putin envoy warns Russian economy risks going berserk
A presidential envoy warned that Russia's economy faces severe risks if it focuses entirely on military needs. Boris Titov stated that such a wartime model can only function for a very limited time.
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Russia's economy risks entering a unsustainable berserk mode as military spending surges, presidential envoy Boris Titov warned on Tuesday. The rare critique highlights mounting Kremlin anxiety over a slowing civilian sector as the war in Ukraine enters its fifth year. Gross domestic product is projected to expand by just 0.4% this year amid widespread stagnation.
