The chief economist of the Kremlin’s top state bank has defied Vladimir Putin and sounded the alarm about Russia’s flailing war with Ukraine.
Andrei Klepach, chief economist at Vnesheconombank and a former Putin appointee, gave a scathing assessment of where things stand for Russia at a Moscow forum, according to The Moscow Times.
“We’re falling behind,” Klepach was quoted as saying. “We’re losing both the technological and economic competition globally. And, as I’ve already said, we’re losing not only to China and the U.S., but in some ways, we’re losing to Ukraine.”
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