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Latin Times
Latin Times
World
Elizabeth Urban

Russia Running Out of Money, Could Lose Ability to Fund War: Top Economist

A Russian soldier walks through a bombed out building in Mariupol, Ukraine. (Credit: ALEXANDER NEMENOV/AFP via Getty Images)

Russia is running out of money and could lose its ability to continue funding its war with Ukraine, according to a top economist.

The country's National Wealth Fund has been steadily contributing to the war effort, however Swedish economist Anders Åslund believes that the fund's liquid reserves could be depleted by the fall, Åslund wrote in an op-ed published by Project Syndicate.

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