Andrey Klepach removed from VEB. RF chief economist role

Andrey Klepach VEB. RF Russian economy Ukraine war costs economic attrition

Andrey Klepach, the chief economist at Russia’s state development bank VEB. RF, has been removed from his position. His dismissal follows a speech delivered in May at the Nikitsky Club, which was only recently made public.

In his address, Klepach warned that Russia is losing the global technological and economic competition to the United States, China, and even Ukraine, citing the latter's sustained Western financial support. He cautioned that Russia would not win the current war of attrition and predicted that mounting economic costs and rising inequality could trigger an unexpected social crisis. Klepach even drew historical parallels between current economic pressures and the 1917 February Revolution.

VEB. RF confirmed Klepach is no longer in the role and stated that a successor has already been selected. While the bank did not provide an official reason for his departure, reports suggest the dismissal was linked to his critical assessments of Russia's economic and political trajectory.

Entities

Andrey Klepach · Nikitsky Club · Russia · TASS · VEB. RF · Vladimir Putin

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[● 5 SOURCES] Andrey Klepach has been removed from his position as chief economist at the state development bank VEB. RF. barbadosgazette.com · krdo.com · www.aljazeera.com · www.independent.co.uk · internewscast.com
[● 8 SOURCES] The economic consequences of the war in Ukraine could lead to an unexpected social crisis in Russia. barbadosgazette.com · krdo.com · www.newsbytesapp.com · www.aljazeera.com · www.independent.co.uk · +3 more
[● 3 SOURCES] VEB. RF has already selected a successor for the chief economist position. barbadosgazette.com · krdo.com · www.aljazeera.com
[● 8 SOURCES] Russia will not win the war of attrition against Ukraine and the West. barbadosgazette.com · krdo.com · www.newsbytesapp.com · www.aljazeera.com · www.independent.co.uk · +3 more
[● 7 SOURCES] Russia is losing technological and economic competition globally to China, the United States, and Ukraine. barbadosgazette.com · krdo.com · www.aljazeera.com · www.independent.co.uk · biznes.interia.pl · +2 more
[● 2 SOURCES] Klepach drew historical parallels between current economic pressures and the 1917 February Revolution. www.newsbytesapp.com · www.independent.co.uk

Sources

Top Russian economist ousted after warning of growing costs of Ukraine war | Barbados Gazette – Barbados & Caribbean News [barbadosgazette.com]

about 4 hours ago

Russian State Economist Fired Over Grim Moscow Economy Forecast [internewscast.com]

about 1 hour ago

"Nie wygramy tej wojny". Ekonomista skrytykował wojnę Rosji z Ukrainą, stracił stanowisko [biznes.interia.pl]

about 6 hours ago

Top Russian economist replaced after warning of economic costs of Ukraine war [krdo.com]

about 4 hours ago

Putin usłyszał od niego 6 słów. Wpływowy Rosjanin od razu popadł w niełaskę [natemat.pl]

about 2 hours ago

Russian economist sacked for warning about Ukraine war consequences [www.newsbytesapp.com]

about 3 hours ago

Top Russian economist ousted after warning of growing costs of Ukraine war [www.aljazeera.com]

about 5 hours ago

Russia fires top economist after warning over Ukraine war: ‘We are falling behind’ [www.independent.co.uk]

about 5 hours ago