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the Ministry of Finance proposes to oblige them to pay personal income tax immediately at a rate of 30%.
6.2 Debt
According to the Bank of Russia’s estimate, external debt of the Russian Federation as of June 30, 2022 totaled $472.8bn, having decreased by $9.2bn, or by 1.9%, since the last year-end. The dynamics of this indicator was influenced by a decline in the foreign debt of other sectors. This reduction was partially offset by a growth in general government’s liabilities denominated in Russian rubles resulted from positive revaluations.
Government payments on domestic government bonds have exceeded borrowing. Since the beginning of the war, the volume of funds paid by the Government of Ukraine for repayment of its domestic debt exceeds the volume of funds attracted to the state budget by UAH 21.9B, reported the National Bank. Thus, from February 24 to July 18, 2022, the government allocated about UAH 90.5B, more than $1.5B and €168M, to the repayment of its
83 RUSSIA Country Report October 2020 www.intellinews.com