rg.ru (19.03.2020)

“The fight against coronavirus in the country requires emergency funds, we could not foresee the development of these tools, including when working on the budget,” Andrei Makarov explained. The government of the Russian Federation supported the bill. These changes will contribute to the timely financial provision of necessary measures and the prompt provision of state guarantee support, the government recalls. Russian Finance Minister Anton Siluanov, speaking in the State Duma, said the government is asking the State Duma to quickly consider a number of legislative decisions in support of the economy in the context of the coronavirus pandemic. The government has developed a list of measures. In the near future, literally today and tomorrow, we are already starting its implementation” said Siluanov. According to him, the government’s operational action plan provides support for key sectors affected by the pandemic. This, in particular, air transportation, tourism, trade, small and medium enterprises. The set of operational measures includes a number of instruments - interest rate subsidies, tax deferral, direct budget investments, state guarantees and, accordingly, reduction of administrative impact on business, the Minister of Finance said.