MOSCOW (Reuters) - The Russian economy runs a risk of going "berserk" if it is run to focus entirely on the needs of the military-industrial complex, President Vladimir Putin's international development envoy was quoted as saying on Tuesday.
The comments by Boris ****** ov to business news outlet RBC were a rare sign of concern in Kremlin circles about the increasing pressure on the slowing economy to secure a victory in the 4-1/2-year war in Ukraine.
Titov, appointed in 2024 as Putin's special representative to international organizations for achieving sustainable development goals, is a wealthy businessman who used to own Russia's leading producer of sparkling wine. He led an influential business lobby and ran for president in 2018.
"Military and civilian economies have always existed in symbiosis everywhere. Many technical inventions that are useful for all originated within the military-industrial complex. The key lies in maintaining balance," ****** ov told RBC.
US pauses new strikes, Iran comments
#development
The comments by Boris ****** ov to business news outlet RBC were a rare sign of concern in Kremlin circles about the increasing pressure on the slowing economy to secure a victory in the 4-1/2-year war in Ukraine.
Titov, appointed in 2024 as Putin's special representative to international organizations for achieving sustainable development goals, is a wealthy businessman who used to own Russia's leading producer of sparkling wine. He led an influential business lobby and ran for president in 2018.
"Military and civilian economies have always existed in symbiosis everywhere. Many technical inventions that are useful for all originated within the military-industrial complex. The key lies in maintaining balance," ****** ov told RBC.
US pauses new strikes, Iran comments
#development
15 days ago
