There are Forces in Russia That Putin has to Reckon With, Says Popular Economist

There are Forces in Russia That Putin has to Reckon With, Says Popular Economist

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According to Mikhail Khazin, a popular Russian economic analyst, the instructions of the Russian President are unlikely to be translated into life as long as there will be groups in Russia’s top leadership that oppose Vladimir Putin personally.

Many experts and opposition politicians blamed Prime Minister Dmitry Medvedev’s cabinet for ignoring, delaying and blatantly sabotaging Vladimir Putin's decrees and instructions, which largely influence the social and economic situation in Russia. At the beginning of 2020, Dmitry Medvedev, then Prime Minister, and his entire Cabinet were unexpectedly dismissed and replaced by Mikhail Mishustin with a partially altered team.

However, according to Mikhail Khazin, a well-known Russian economist, the instructions of the Russian President are unlikely to be executed as long as there will be groups in the top Russian leadership that oppose Vladimir Putin personally.

In an interview with the Echo of Moscow radio, Khazin said total sabotage was looming over of Vladimir Putin’s direct orders and instructions on the crucial infrastructural, social and economic issues. According to Khazin, this concerns the healthcare system, education and other social sectors, in the first place. At the same time, Khazin believes that about 95% of this behind-the-political-scenes bureaucratic infighting will always remain a secret to the vast majority of outside observers.

“The President is not omnipotent, and not everything depends on him,” said Khazin. “At present, there are forces in Russia that Putin has to reckon with. It is for this reason that he has to toe a finer line of resistance to the liberal team than the one the patriots would like.”

According to Khazin, the fact that huge amounts of funds disappeared could be viewed as the most obvious manifestation of sabotaging Putin's instructions. The monies were allocated for assistance to the Russian economy at the peak of the crisis triggered by the COVID-19 pandemic. In Khazin’s opinion, these funds simply vanished, or more precisely, were transferred into currency to offshore accounts.

Among other things, it was at the time of providing targeted financial assistance to the Russian families with children that the demand for expensive real estate started rising notably in the elitist districts of the Russian capital, says Khazin.

At the same time, Khazin believes that it was on the money, which many ordinary Russians and business owners did not receive last spring, that luxury houses were bought on Rublevo-Uspenskoye highway that leads to posh residential area in the western suburbs of Moscow.

In the coming autumn, Russia might face a second wave of the novel coronavirus and, most likely, new restrictions might be imposed on the business activities of public and private companies. In this connection, Vladimir Putin is likely to have to issue instructions to representatives of the executive branch again in order to help people. However, according to Khazin, since the government is dominated by the liberals, Putin will not be able to achieve anything but total sabotage from officials.

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