Putin Squeezes $4.6 Billion From Businesses Through “Voluntary Contributions” to Plug Budget Deficit
Most of the money came after March as Russia’s budget deficit reached 6.455 trillion rubles, Finance Ministry data showed.
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Russian companies have paid a record amount of 383.69 billion rubles (approximately 3.8 billion euros) to the Russian federal government non-fiscally since the beginning of the year. This is reported by The Insider, based on calculations by the Russian business magazine Vedomosti. The flow of money began in April, a month after President Putin proposed at a private meeting with major business leaders that they make ‘voluntary’ contributions to t…
Putin Squeezes $4.6 Billion From Businesses Through “Voluntary Contributions” to Plug Budget Deficit
Large Russian businesses have been forced to transfer hundreds of billions of rubles to the federal budget following Vladimir Putin’s demand for so-called “voluntary contributions” as the country struggles with a record budget deficit. AAccording to Vedomosti on August 18, as of mid-August, so-called gratuitous payments to the federal budget had reached 383.69 billion rubles (about $4.6 billion). Before Putin’s March meeting with representatives…
Russian businessmen "donated nearly 400 billion rubles to the budget (i.e. about 4 billion euros), but The Moscow Times writes that in the meantime, Russia's federal budget deficit for the period January-July has reached 6,455 trillion rubles. Russian businessmen have transferred hundreds of billion rubles to...
‘Voluntary donations’ by Russian businesses to state budget hit a record sum since start of 2026
Russian businesses made 383.69 billion rubles in non-repayable contributions to the federal budget during the first eight months of 2026 — almost one and a half times the total for all of last year.
Gratuitous federal budget revenues from large businesses increased to a record 384 billion rubles from the beginning of 2026 to mid-August, Vedomosti writes, citing data from the Electronic Budget service. Last year, over the same period, the budget received 173.4 billion from businesses, which is 2.5 times less. In just four years of war, the budget received 916 billion rubles from big businesses in the form of “donations”, according to Importa…
For seven months, entrepreneurs paid UAH 328.6 million of single tax to the community budget
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