US EditionRussian Economy: Kremlin Now Uses Regional Accounts to Hide Its Military Expenditures
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According to an analysis by economist Janis Kluge 5 of the German Institute for International and Security Affairs, a number of Russian regional budgets show partial reclassification of war-related expenditures since mid-2025. The example of Tomsk's oblast in Western Siberia is indicative of this: an apparent decrease in the allocation of allowances for combatants has been offset by the creation of a new budget line with neutral wording but fina…
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