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Finance Ministry Start Discussions on Broad Tax Reforms

RUSSIA
EM BulletHomepagemarkets-real-timeBulletEmerging Market News
  • In a piece run in Vedomosti, the finance ministry are starting to discuss the concept of an overhaul to the tax system, citing the long-overdue demand for justice in society.
  • The government have given Gazprom notice not to issue any dividends for the 2023 fiscal year, after the company failed to turn a net profit for the first time in 24 years.
  • Oil output data cited by Putin shows Russian oil output lower by 1.8% on the year as Russia meets the terms of the most recent OPEC+ deal.
  • The Russian advance in eastern Ukraine persists, with the Russian armed forces making headway toward Chasiv Yar, after the Ukrainian army bolstered defenses at Kharkiv.
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  • In a piece run in Vedomosti, the finance ministry are starting to discuss the concept of an overhaul to the tax system, citing the long-overdue demand for justice in society.
  • The government have given Gazprom notice not to issue any dividends for the 2023 fiscal year, after the company failed to turn a net profit for the first time in 24 years.
  • Oil output data cited by Putin shows Russian oil output lower by 1.8% on the year as Russia meets the terms of the most recent OPEC+ deal.
  • The Russian advance in eastern Ukraine persists, with the Russian armed forces making headway toward Chasiv Yar, after the Ukrainian army bolstered defenses at Kharkiv.