Measures to prevent the spread of the coronavirus in Russia and reduce its impact on the economy

Submitted by socpro on Fri, 05/22/2020 - 16:58
measures summary

Social insurance contributions have been reduced for small and medium-sized
businesses from 30 to 15% on the portion of wages that is above the
minimum wage. This measure is being introduced for a long time to
encourage employers to raise wages, but the expectation is these reduced
contributions will be made up later by employers.

Measure date
Regions / Country

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