The Russian Government has provided a plan to overcome the economic consequences of a new coronavirus infection

Ministry of economic development of the Republic of Crimea
27 May 2020

The Russian Government has provided a plan to overcome the economic consequences of a new coronavirus infection.

The presentation shows the most affected industries due to the spread of COVID-19, loans and grants for business, for SMEs information about deferred and reduced tax and insurance payments, access to credit, deferred rental payments. It also contains information on support measures for tour operators and airlines, tourism and hotels, culture and leisure, pharmaceutical and medical production.

One of the sections of the presentation is dedicated to reducing the administrative burden and unproductive costs of business.

In addition, the plan lists system-wide measures to support backbone enterprises, banking regulation, and the financial sector. The presentation also contains tools for bankruptcy protection and income support.

You can watch the presentation follow the link.

 

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