Foreign Companies Exiting Russia Contribute to Moscow's Finances Amid Stringent Exit Requirements

Foreign companies leaving Russia amidst the Ukraine conflict have already paid $387 million to the country's budget, with stringent exit requirements imposed by the Russian government. The slow pace of exits is intentional, as Moscow introduces obstacles such as demanding a 50% asset sale discount and approval from President Vladimir Putin for companies in strategic sectors. However, while boosting Moscow's finances, remaining in Russia contributes to its resilient wartime economy amidst significant economic growth driven by defense and government spending. The challenging situation has left many Russians dealing with inflation, despite low unemployment and soaring wages.