The adviser to the head of the Office of the President predicted how the Russians would face Russia’s military and political defeats.
Mikhail Podolyak, adviser to the head of the Office of the President, commented on the statement of the Russian Ministry of Finance that the expected default in the Russian Federation will not affect the country’s economy. He wrote about it on the night of Thursday, May 26, at Twitter.
Thus, Russian Finance Minister Anton Siluanov said that the expected default of the Russian Federation will not affect the country’s economy. After that, Podolyak joked, saying that the next step is the normalization of food cards.
“The Ministry of Finance of the Russian Federation ensures that a technical default is normal and will not affect the lives of Russians. Let’s continue the list of future statements. Food cards are normal, best practice. withdrawal of troops from Ukraine is part of Ukraine’s reparations are part of the mandatory denazification of the Russian Federation, “Podolyak wrote.
The Russian minister believes that Russia’s default will be artificial: it has the money to fulfill its obligations, but cannot fully manage them.
Two days earlier, the U.S. Treasury announced that it would not renew its license to service Russia’s foreign debt. As a result, the Ministry of Finance of the Russian Federation will not be able to send money to holders of international bonds. Thus, the technical default of the Russian Federation could occur as early as the end of July.
According to Reuters, through their actions, the United States has brought Russia to the brink of a historic default.
In total, at the end of the year, payments on Russian Eurobonds were nearly $ 2 billion.
The publication states that unlike most default situations, Moscow has no shortage of money. Debt payments are pale compared to revenues from oil and gas exports – in April alone, rising energy prices allowed Russia to receive $ 28 billion in revenue.
Recall that Russia was able to avoid a default in May. Then investors the day before the expiration of the term received payments in Russian dollars.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.