‘War’s turning point soon’: Russia to run out of ammunitions by end of spring, claims Ukraine intel chief


Image Source: AP Ukrainian soldiers fire mortars into the front line near Bakhmut.

Russia-Ukraine War: Ukrainian military intelligence chief Kirlo Budanov has claimed that Russian forces are wasting huge amounts of human resources, weapons and materials in the ongoing war against Ukraine, but they will run out of ammunition very soon.

Speaking to USA Today, Budanov claimed the attacker would likely run out of ammunition by spring. However, he did not elaborate on establishing his claims. According to the intelligence chief, the “coming” battle will be decisive and said it will decide the fate of both countries. He maintained that the Spring War would be a “turning point”.

Russia may run out of money by next year.

Earlier last week, a Russian oligarch made a big claim in which he insisted that Moscow would run out of money by 2024. According to Russian oligarch Oleg Deripaska, the country will plunge into further economic crisis if it does not attract foreign investment.

“There will be no money already next year, we need foreign investors,” CNN quoted the oligarch as saying at an economic conference in Siberia on Thursday. His comments came nearly a week after Russian President Vladimir Putin claimed the country’s economy was performing “well” despite the fact that it has been under sanctions imposed by several Western and European Union powers for more than a year. is facing

Russia’s budget deficit is more than 23 billion dollars

The Russian leader’s defiant statement came despite knowing that economic output shrank by 2.1% last year. Many economic pundits claimed that this trend will continue this year as well.

Notably, ever since Moscow launched an all-out war against Kiev, the US and EU have imposed sanctions on the country’s main industry (energy), resulting in a contraction of the economy. Last year, Moscow’s government revenues fell 35%, while expenditures rose 59%, leading to a budget deficit of about 1,761 billion rubles ($23.3 billion).

Also Read: ‘Economic Crisis Awaiting…Russia May Run Out Of Money By Next Year’, Oligarch Deripaska Claims

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