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Added on : 2023-03-04 11:45:33

Russia's treasury may run dry within a year, necessitating foreign investment, said outspoken Russian oligarch Oleg Deripaska at an economic conference in Siberia. The remarks came after Russian President Vladimir Putin praised the country's economy for its resilience in the face of unprecedented Western sanctions imposed the previous year.

“There will be no money already next year, we need foreign investors,” he said in light of the Russia-Ukraine war, as per comments reported by TASS, a Russian state-owned news agency. The Russian oligarch called for an end to Moscow’s war in Ukraine in the early days of the conflict in 2022.

Editor & Publisher : Dr Dhimant Purohit


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