European economist Anders Åslund has expressed concerns that Russia could deplete its liquid financial reserves by the fall of 2025, potentially leading to a fiscal crisis. He notes that the National Wealth Fund’s liquid assets have significantly declined, from $117 billion in 2021 to approximately $31 billion by late 2024. At the current rate of expenditure, these reserves may be exhausted within the next year, posing a substantial threat to Russia’s economic stability.
Russia’s Bankruptcy: Depletion of Financial Reserves
Russia’s financial stability is under significant pressure as its liquid financial reserves continue to deplete. The National Wealth Fund (NWF), a critical component of the country’s financial safety net, has seen a…
