Alexandra Prokopenko

Alexandra Prokopenko, a former central banker and fellow at the Carnegie Russia Eurasia Center, joins economist Sergey Aleksashenko to dissect Russia's inflation crisis. They delve into the ramifications of excessive government spending—particularly on military endeavors—and its impact on the overall economy. The pair discuss the sustainability of the 2025 military budget, the strain on public sector funding caused by rising military expenditure, and the vulnerabilities linked to fluctuating oil prices. Their insights illuminate the challenges Russia faces amidst ongoing conflict and economic instability.