March 26, 2022
1 min read

‘Russia doesn’t have funds for prolonged war’

The situation is similar with payment of mercenaries hired by Russia’s private military campaigns (PMC) to take part in the war, according to the Chief Intelligence Directorate of Ukraine’s Ministry of Defence, reports Asian Lite News

The Chief Intelligence Directorate of Ukraine’s Ministry of Defence said that that the Russian budget does not have funds for further payments to the military for participation in the ongoing war against Kiev.

“After the promised payments to the military of the aggressors’ army, the Russian military has had problems with funding. It has turned out that the budget does not provide for payment of these costs. And given the unsatisfactory state of Russia’s financial system due to sanctions, additional funds cannot be found in the budget,” Ukrayinska Pravda quoted the Directorate as saying.

Ukrainian soldiers. (Pic credits Twitter @DefenceU)

In Crimea, the current budget for military units was used up in February after payments were made for “business trips” to those who took part in the war against Ukraine, it said.

“There is no funding for any payments in March.”

The situation is similar with payment of mercenaries hired by Russia’s private military campaigns (PMC) to take part in the war, the agency note.

“More and more often, these soldiers are refusing to enter the territory of Ukraine. The reason is non-fulfilment of the terms of the concluded contracts. These militants are not receiving funds for participation in hostilities, compensation for injuries or promised ‘social guarantees’.”

ALSO READ: Boris, Xi hold phone call over Ukraine

Previous Story

Imran fights for survival as 50 ministers go missing

Next Story

Indian Army conducts airborne drill in sensitive Siliguri Corridor

Latest from -Top News

Jaishankar Meets Think Tank in Russia

EAM Jaishankar’s visit comes at the invitation of Denis Manturov, the First Deputy Prime Minister of the Russian Federation….reports Asian Lite News External Affairs Minister S. Jaishankar on Wednesday met with leading

Starvation crisis deepens in Gaza

The United Nations Relief and Works Agency (UNRWA) had warned that malnutrition among children under the age of five had doubled between March and June…reports Asian Lite News Three Palestinians in Gaza

PM Modi: India poised to lead next tech wave

PM Modi underscored that the country is poised to lead the next wave of digital transformation in 5G…reports Asian Lite News Prime Minister Narendra Modi on Wednesday hailed India’s progress in expanding

‘Sky Not the Limit for India-Japan Ties’

Emphasising the civilisational ties between India and Japan, the Ambassador called the bilateral relationship a “quantum leap” in recent years…reports Asian Lite News In an exclusive interview, India’s Ambassador to Japan, Sibi
Go toTop

Don't Miss

Indian students in a spot amid Ukraine-Russia tensions

Air India’s special flights would be operated on February 22,

Russia resumes ‘offensive’ as ceasefire collapses

The offensive operations are resuming due to the unwillingness of