Russia to raise taxes as its wartime economy slows

Federaţia Rusă

The Kremlin needs money to keep its finances steady - and it’s clear where President Vladimir Putin intends to get it: at the cash register, from ordinary people and small businesses. An increase in value-added tax to 22% from 20% is expected to add as much as 1 trillion rubles, or about $12.3 billion, to the state budget. Subscribe: http://smarturl.it/AssociatedPress Read more: https://apnews.com​ This video may be available for archive licensing via https://newsroom.ap.org/home

Russia to raise taxes as its wartime economy slows Associated Press - 16.11.2025 10:26
Russia to raise taxes as its wartime economy slows Associated Press - 16.11.2025 10:26

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Russia to raise taxes as its wartime economy slows Associated Press - 16.11.2025 10:26
Russia to raise taxes as its wartime economy slows Associated Press - 16.11.2025 10:26