Russian Economy Inundated with Cash from Payments to Deceased Wagner Group Fighters' Families - Bloomberg

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Source: Meduza
Russian Economy Inundated with Cash from Payments to Deceased Wagner Group Fighters' Families - Bloomberg
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TL;DR Summary

Bloomberg reported that the compensation payments made by the Wagner Group to families of dead fighters have flooded the Russian economy with cash, leading to a record increase in cash circulation since September 2022. The excess cash in circulation during this period was reportedly about 2.2 trillion rubles (about $26 million). Families of Wagner mercenaries killed in Ukraine are usually given 5 million rubles ($59,200) in compensation, which some fighters’ relatives have reported receiving in cash.

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