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Mmastodon WarUkraine first seen 6 d ago, last 6 d ago, peak #3

Russia's billionaires cover over 1% of state spending with wartime donations

Original: Russia's wealthiest people have covered over 1% of ​government spending this year through 'voluntary' wartime donations

Russia's wealthiest business figures have contributed more than 1% of government spending this year through so-called voluntary wartime donations, according to state budget documents. The payments were discussed with President Vladimir Putin in March. The figures underline how the Kremlin is leaning on oligarchs to help fund the war effort in Ukraine amid heavy fiscal pressure.

Why now: New state budget documents reveal the scale of wealthy Russians' contributions to war funding.

RussiaVladimir PutinReuters

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