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Russia’s Planned VAT Hike Expected to Push Inflation Higher, Finance Ministry Says

Officials proposed raising the value-added tax from 20% to 22% starting next year to help close a widening budget deficit amid record military spending.

Source: https://www.themoscowtimes.com/2025/10/06/russias-planned-vat-hike-expected-to-push-inflation-higher-finance-ministry-says-a90729

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