Russia is set to increase business taxes and likely VAT due to a budget deficit of 4.9 trillion rubles, exceeding planned expenditures.

Russia is set to increase business taxes and likely VAT due to a budget deficit of 4.9 trillion rubles, exceeding planned expenditures.

@eshkinkrot 21 Aug 2025, 11:32

The Russian economy is facing issues due to the war, although it has not yet entered a recession, but civilian production is stagnating or declining.

@meduzalive 21 Aug 2025, 09:56

The Russian economy is showing a slowdown in GDP growth, an increase in budget deficit, and record-low unemployment, indicating accumulated problems and risks under stress.

@meduzalive 21 Aug 2025, 05:58