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Kremlin increases taxes on Russian oil sector
Oil and gas companies in Russia may have to pay more tax as the government seeks ways to boost its finances after spending heavily on the war in Ukraine.
Although Russia's federal budget revenues from oil and gas, the lifeblood of its economy, fell 64% in April from the year-earlier period, the government has decided to increase taxes on the industry. The Kremlin is seeking additional money after spending heavily on the war in Ukraine.
(Picture: Industrial worker working in industry plant. Picture Credit: Getty Images)
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Mon 8 May 2023
22:32GMT
主播大秀 World Service except Europe and the Middle East
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- Mon 8 May 2023 21:32GMT主播大秀 World Service Europe and the Middle East
- Mon 8 May 2023 22:32GMT主播大秀 World Service except Europe and the Middle East