Russia says its economy is strong. It just fired a top economist WHO warned otherwise
· World · CNBC, Forex Factory
Russia fired former deputy economy minister Andrey Klepach, chief economist at VEB.RF, after he warned that the Ukraine war could trigger a social crisis and that Russia could not win a prolonged war of attrition. Klepach argued that the country’s economic lag would widen and lead to significant consequences. Kremlin officials said the economy remains strong despite foreign pressure, contradicting Klepach’s assessment. The dismissal signals the Kremlin’s zero-tolerance approach to criticism of its war policy. CNBC could not independently confirm the report, which was first reported by the independent outlet The Bell.
Why it matters
The firing signals internal disagreement about the war’s sustainability and may influence Russia’s future domestic and foreign economic policy decisions.
Read the original report — CNBC
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