War, oil price cap to weigh on Russia's budget; Moscow likely to hike tax
Edited By WION Video Desk
Published: Jan 15, 2023, 22:03 IST | Updated: Jan 15, 2023, 22:03 IST
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Russia's budget has become too reliant on oil income to cover expenses, warned economists and said that if crude prices do not rise as anticipated this year, the government may be forced to increase taxes, showed a Reuters report.
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