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Putin's war budget shows growing strains as peace talks resume
Summary
Kremlin envoy Kirill Dmitriev will meet US officials in Miami, and Russian officials reported they may need up to 1.2 trillion rubles to cover possible additional war-related spending this year.
Content
Kremlin envoy Kirill Dmitriev is scheduled to meet US officials in Miami on Saturday. Russian officials reported concern that budget spending this year could again exceed planned levels if additional war-related outlays are required. They are looking for new sources of income to balance a key budget indicator. Reported targets for additional revenue reach as much as 1.2 trillion rubles.
Known details:
- Kirill Dmitriev is set to hold talks with US officials in Miami on Saturday.
- Officials reported concern that government spending could again exceed planned levels if extra war-related costs arise.
- Reported efforts aim to find up to 1.2 trillion rubles ($16 billion) in additional income to balance a key budget indicator.
Summary:
Officials describe renewed fiscal pressure on the state budget and are actively seeking additional funds to cover possible extra war expenditures. The next publicly noted step is Dmitriev's meeting with US officials in Miami on Saturday.
