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News 2026-09-24 09:30 UTC

UPDATE 1 — Russia plans array of tax hikes in 2027 — 29 to fund military spending

(Adds details, quote, changes sourcing) MOSCOW, Sept 24 (Reuters) — The Russian government projected a budget deficit equal to 2% of the gross domestic product for the next three years and proposed an array of tax hikes to sustain the military expenditure, the Finance Ministry's materials showed on Thursday. The Financ