Putin is trying to solve a 'trilemma' in Russia's fragile wartime economy now, a former Russian official says

• Vladimir Putin is trying to solve a "trilemma" in Russia's economy, a former Russian official has said.
• He said Putin needed to keep spending on the war and appear to deliver on the economy.
• He also said Putin had to keep macroeconomic stability after imposing extraordinary measures.

Russia's economy appears to be booming even 21 months into the Ukraine war.

But behind the scenes, Russian President Vladimir Putin is trying to solve a tricky "trilemma" as the country's economy heads into 2024, Alexandra Prokopenko, a former central bank official, has said.