Former Russian Finance Minister Rejects Shift to Military Economy

Mikhail Zadornov, Russia's former finance minister, stated that Moscow does not need and cannot sustainably transition to a military-driven economy, describing current trends as a systemic breakdown.

31 Aug, 14:11 — 31 Aug, 14:11

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meduza8h ago

Russia doesn’t need a military economy, it’s a ‘complete breakdown of the system,’ says former Finance Minister Mikhail Zadornov

Russia’s economy “doesn’t need” to become a military one, and doing so is “impossible,” Mikhail Zadornov — Russia’s finance minister from 1997 to 1999 and later head of Otkritie Bank — told the Russian business news outlet RBC.

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Former Russian Finance Minister Rejects Shift to Military Economy

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Russia doesn’t need a military economy, it’s a ‘complete breakdown of the system,’ says former Finance Minister Mikhail Zadornov

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