Russians Are Hiding Money From the Government as Kremlin Finances Crumble

Russia's economy is under severe financial strain from the war: Ukrainian strikes on refineries and the shadow fleet have weakened the fuel sector that long underpinned the state budget. The Finance Ministry now faces a new headache — Russians are increasingly hiding cash from the government, reducing tax revenues. Analysts call it a "worrying moment" for the Kremlin, signalling eroding public trust in the state.

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📈 Business Russia's Economy at Breaking Point: Citizens Withdraw Cash, Businessmen Move Assets Abroad Onet Wiadomości · 10h ago 🪖 Military Ukraine Strikes 13 Russian Shadow Fleet Ships in Two-Day Drone Campaign Onet Wiadomości · 2d ago 📈 Business Russia's oil export revenues nearly doubled to $19bn in March despite sanctions Interia Biznes · 6d ago