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The government of Russia jointly with the Central Bank will prepare a programme of business support

Правительство России совместно с ЦБ подготовит программу поддержки бизнеса

Vladimir Putin has especially noted, despite a difficult situation, you can’t stop the economy. In particular to massively restrict the operation of enterprises, to close the cargo and transport. The President stressed that currently the necessary conditions for organizations, companies and entrepreneurs were returning to a normal work schedule. In parallel, it is necessary to minimize the crisis and to soften the blow for business. Vladimir Putin announced measures to support small and medium businesses, some of them are already in place. The amount of social contributions for employers have been reduced twice – from 30% to 15%. Also introduced a delay in the payment of insurance contributions to social funds and deferred taxes. As said the head of state, the situation is constantly changing. That is why the Government of Russia jointly with the Central Bank is charged in a five-day period to prepare a programme of additional support to the business. The new measures should help companies to maintain employment and income of employees.

“I understand that entrepreneurs have is not easy, but you see, dear friends, that it happens everywhere, practically all over the world: falling demand, reduced orders, many companies did not just come, especially in the service sector, many are closed. It is a serious test for every entrepreneur, his business reputation. I am sure that the business is thinking about the future, will make every effort to keep their teams and their teams and this is a responsible, Mature approach, we will support”,– said Vladimir Putin.

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