VAT has grown in Russia and an increase in the retirement age began
In Russia, from January 1, 2019, value added tax increased from 18 to 20%, and an increase in the retirement age began, in accordance with the laws signed by Vladimir Putin. The retirement age in Russia from January 1, 2019 began to increase gradually to 60 years for women and to 65 years for men. Initially, an increase in the retirement age for men was supposed to stretch for 10 years and end in 2028, for women the transition period was to be 15 years and end by 2034.