politics

Russians Increasingly Rely on Cash Amid Economic Strain from Ongoing War

18 Temmuz 2026BBC News

Russians are increasingly relying on cash transactions as mobile internet shutdowns become more common. This shift is exacerbated by a growing number of businesses attempting to evade taxes amid the ongoing conflict with Ukraine.
The combination of these factors is placing additional strain on an already slowing wartime economy.
The ongoing war with Ukraine has significantly impacted the Russian economy, leading to various adaptations among citizens and businesses. Mobile internet disruptions are a direct consequence of the conflict, affecting communication and commerce.
The reliance on cash in Russia reflects a broader trend of economic adaptation in response to external pressures, including sanctions and wartime conditions. As businesses seek to navigate a challenging environment, their strategies may lead to further informalization of the economy, complicating efforts for fiscal…

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This article reflects the current situation as of October 2023 and may be subject to change.