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69 new news items in the last 24 hours
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  2. International

The Russian Ministry of Finance proposes increasing VAT from 20% to 22% to finance military expenses in the context of the war in Ukraine.

Matei Gaginsky
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24 September 2025, 12:22
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International
Foto: Mikhail Klimentyev/Kremlin Pool / Zuma Press / Profimedia
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The Russian Ministry of Finance has announced its intention to increase the value-added tax from 20% to 22% in 2024, as part of efforts to cover military expenses in the fourth year of the conflict with Ukraine. President Putin has shown openness to raising taxes to support state funding during wartime. The proposal aims to ensure the necessary resources for national defense, payment of military personnel salaries, and support for their families, as well as modernization of the defense industry.

Sources

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Digi24
Vladimir Putin crește TVA-ul în Rusia pentru a-și putea susține mașinăria de război. La cât ajunge taxa pe valoarea adăugată
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Economica
Soluţie „de tip Bolojan” în Rusia. Ministrul de Finanţe de la Moscova propune majorarea TVA pentru a acoperi cheltuielile militare
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Mediafax
Ministerul rus al Finanțelor propune majorarea TVA-ului pentru a finanța războiul din Ucraina

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Yesterday 20:25

The Minister of Labour announces that he is preparing the indexation of pensions: “We will submit to the Ministry of Finance and the prime minister the proposal to comply with the law, because after two years it is no longer bearable for pensioners”

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Opinions
Yesterday 20:53

Sever Voinescu: Playing at Sovereignty

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