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Russian Finance Minister: Greater Tax Burden for Exporters for 1 Year

Russian Finance Minister Anton Siluanov

Russian Finance Minister Anton Siluanov said on Friday plans to increase taxes on the country's exporters due to a slide in the ruble would be for one year.

Last month, President Vladimir Putin ordered his government come up with proposals to ensure revenue earned by domestic exporters thanks to the weak ruble went to the state budget.

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