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

Jaffar Express Targeted Yet Again

blast happened at a distance of one kilometre from the Sultan Kot railway station….reports Asian Lite News At least seven injured as blast hits Quetta-bound Jaffar Express in Sindh’s Shikarpur district. Shikarpur

India to Join G20 Energy Talks in South Africa

The meeting is being hosted under South Africa’s G20 Presidency in the country’s KwaZulu Natal province…reports Asian Lite News Union Power Minister Manohar Lal will represent India at the G20 Energy Transitions

One Year On, Where Is Bangladesh Headed?

Since taking charge as head of the interim government, Nobel Laureate Yunus Mohammed pledged reform — promising fair elections and transparent governance. A year on, those promises remain unfulfilled….writes Ashok Parameswar Did

India Reminds World of Pakistan’s 1971 Crimes

The reminder of Pakistan’s atrocities in Bangladesh came as the Dakha regime led by Mohammad Yunus responded to Islamabad’s overtures….reports Asian Lite News India has reminded the world of Pakistan’s campaign of
Go toTop

Don't Miss

Ukrainian forces continue fighting for Mariupol

According to Ukrainian defence ministry, the Russian forces have not

What went wrong after US intel predicted Russian invasion?

Russia’s invasion so far has played out largely as the