Will cash payments to be limited in Russia?

The Russian Ministry of Finance and the Ministry of Economic Development are discussing plans to limit cash payments in a bid to combat Russia’s “shadow economy.”

The new measures could include a ban on salaries paid in cash, and limiting cash payments for cars, apartments and luxury goods, the Moscow Times reported.

The plans have not yet been officially approved, but if successful could be rolled out as early as 2018, an unnamed source told the Vedomosti newspaper.