Russian businessmen promised continued support

the Russian government “actively working” on support measures, primarily small and medium business, and “this activity will continue”. This assured the Prime Minister of the Russian Federation Mikhail Mishustin, congratulated today the Russian businessmen with their professional holiday.

He recalled that this year the country and the business “was faced with serious challenges (crisis pandemic coronavirus infection, a collapse in oil prices and the devaluation of the ruble — ed.), which can be overcome only by joint efforts”.

“the Government is actively working on measures to support primarily small and medium-sized businesses, providing grants and tax benefits. This will allow us to preserve jobs, and by businessmen — continue to fill the market with quality goods and services. And this activity will continue,” — said Mishustin, the text of the telegram which is published on the website of the Cabinet.

the Prime Minister, in particular, pointed out that “entrepreneurship is a lot of work associated with a constant voltage and concentration”. “It requires incredible energy and perseverance, the ability to think strategically, to thoroughly understand the details of his craft and always be connected. These qualities fully possess you, heads of the largest holdings and small companies. From you, in particular, depend on the comfort and well-being of millions of people, the development of the economy, the solution of major problems facing the state,” — said Mishustin.

meanwhile, business in Russia needs clear prospects for future activities in each sphere with respect to the new provisions, and the experience of other countries can be useful in this situation. Such opinion in interview to RIA “Novosti” was expressed by the auditor of the accounts chamber of the Russian Federation Danil Shilkov.

“first and foremost, are the necessary funds for working capitalLa organizations. The need for the formation and composition of a new package of support measures should be elaborated by the Executive authorities, including taking into account the views and suggestions of the practitioners, i.e. representatives of the business community”, — said the auditor.

While the chamber has studied the foreign experience of support of business: according to the auditors, most countries prefer to give direct subsidies to citizens and businesses. Thus, large-scale subsidies, credit support and tax benefits to employers and lost income, citizens in the United States, Germany, great Britain and Spain, in Italy and in South Korea payments and tax breaks were granted to the entrepreneurs in the affected industries.

we also Add that the Russian economy in February—March 2020 was under the powerful impact of two negative factors — the rapid spread of the pandemic coronavirus infection COVID-19 and its deleterious effect on the global economy and collapse in oil prices. Against this background, the rouble significantly depreciated against the dollar and the Euro. Reacting to the situation, the government and the Bank of Russia adopted several packages of measures to support the economy and citizens.

21 April the Russian government announced that the value adopted by the Cabinet of Ministers of measures to support the economy already amounted to 2.1 trillion rubles. Prior to that, head of the Ministry of Finance of the Russian Federation Anton Siluanov said that the budget measures for combating coronavirus and its implications in Russia is about 2.8% of GDP. In General, the total volume of fiscal support to individuals and business of all sectors in the context of pandemic coronavirus, the Ministry of Finance was estimated at 6.5% of GDP.

may 11, Russian President Vladimir Putin announced the end of may 12, a single period of days off, entered March 30, in the fight against COVID-19. He also announced the beginning of implementation of the third package of anti-crisis measures, under which the state, in particular, will increase the targeted support of families with children, small businesses and individual predprintimately and self-employed. In addition, Putin instructed the government to prepare a national plan for long-term development of the economy, the recovery in employment and incomes.

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