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Kremlin hunts new revenues as war strains Putin's finances

Original: As war strains Kremlin finances, Putin reaches into more pockets in search of new revenue streams

Reports across major US outlets say the Kremlin is turning to new sources of revenue as the war in Ukraine drains state finances. President Vladimir Putin is said to be reaching into more pockets — raising money from businesses and ordinary Russians through fresh levies and other measures to cover mounting military costs. Commentators read the move as a sign that sanctions and war spending are straining Moscow's budget more than the government publicly admits.

Why now: Russia's war-driven budget squeeze is forcing new taxation, a sign of deepening economic strain widely picked up by international media.

Vladimir Putin Kremlin Russia Ukraine

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Evidence

As war strains Kremlin finances, Putin reaches into more pockets in search of new revenue streams · AP News
As war strains Kremlin finances, Putin reaches into more pockets in search of new revenue streams · The Washington Post
As war strains Kremlin finances, Putin reaches into more pockets in search of new revenue streams · Los Angeles Times
As war strains Kremlin finances, Putin reaches into more pockets in search of new revenue streams · ABC News - Breaking News, Latest News and Videos
As war strains Kremlin finances, Putin reaches into more pockets in search of new revenue streams · WRAL

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