✉news BusinessFinance first seen 6 h ago, last 2 h ago, peak #9
Russia raises taxes to fund growing military budget
Original: Russia's finance ministry raises taxes to bolster military budget
Russia's finance ministry has announced tax increases aimed at shoring up the country's military budget, as the war in Ukraine continues to strain public finances. The move signals Moscow's willingness to place more of the tax burden on businesses and households to sustain defence spending. Observers see it as evidence that the costs of the conflict are increasingly being passed on to ordinary Russians.
Why now: The tax hike shows how the war's cost is directly affecting Russians, making it a widely debated topic.
RussiaRussia's finance ministry
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