The Russian Federation plans to look for money for the war with Ukraine abroad.
The aggressor country plans to issue external debt to finance a protracted war. If foreign investors buy these papers, they will be complicit in the invasion. This is stated in the new report of the Ministry of Defense of Great Britain for April 5.
The report notes that on March 28, Russian Prime Minister Mikhail Mishustin said that the transition to the issuance of part of Russia’s sovereign debt in foreign currency is “under development.” British intelligence believes that this suggests that Moscow is counting on external financial support from foreign states, which the dictatorship considers “friendly”.
Once development is complete, investors from other countries will be able to buy back Russia’s sovereign debt and thus finance Russia’s budget deficit. “Such investors will indirectly finance Russia’s invasion of Ukraine,” the British stress.
It is noted that in recent months, own Russian banks have been the main entities buying Russian government debt. However, it is unlikely that they can fully finance the expected budget deficit in the future. However, in London it can be predicted whether the aggressor country will be able to implement these measures.
Recall that British military intelligence said that the military-political leadership of Russia is probably seeking to sponsor and develop alternative private military companies in order to eventually replace the Wagner PIK in the war against Ukraine.
Source: Racurs
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