# Top Russian economist ousted after warning of rising costs of Ukraine war

https://mins.news/en/item/24888

- Al Jazeera, 2026-08-18 08:05 UTC
- Economy
- Original: https://www.aljazeera.com/news/2026/8/18/top-russian-economist-ousted-after-warning-of-growing-costs-of-ukraine-war?traffic_source=rss

> Andrey Klepach has been removed as chief economist of Russia’s state development bank VEB after a publicised speech warning that the war in Ukraine was damaging the economy. He said Russia was falling behind rivals, facing mounting costs and could eventually encounter a social crisis.

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