Russian tax overhaul seeks to offset drop in revenue from oil companies

Moscow starts discussions about hiking rates while oil production remains robust

Budget troubles: Russian President Vladimir Putin (left) and Trade Minister Denis Manturov.
Budget troubles: Russian President Vladimir Putin (left) and Trade Minister Denis Manturov.Photo: AP/SCANPIX
Published 24 February 2023, 11:07Updated 24 February 2023, 12:04