Thus, on March 28, 2023, Prime Minister of Russia Mikhail Mishustin stated that the Kremlin "worked out the issue of release of part of Russia's sovereign debt in foreign currency. " "Upon completion of development, investors from other countries will be able to buy Russia's sovereign debt and, therefore, will finance some of the future budget deficits of Russia. Such investors will indirectly finance Russia's invasion of Ukraine," the intelligence report reads.
According to the British military, Russia's own banks have been the main organizations that buy Russian public debt. However, according to intelligence, they are unlikely to be able to fully finance the expected budget deficit. Obviously, the Kremlin considers the issue of external debt as one of the ways of closing the hole in the budget because they plan a long war in Ukraine, the United Kingdom's military considers.
We will remind, on March 23 the Prime Minister of the Russian Federation Mikhail Mishustin stated that last year the "deep transformation of the world order" began. According to the official, the movement to multipolarity has accelerated, and Russia is now located on the edge of this process.
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