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Aleksei Kudrin said that in a crisis would prefer to go on the scheme of broad distribution of money to the population. Selected by the authorities, the methods of targeted support for he called “difficult”.

the Chairman of the accounts chamber Aleksei Kudrin said that conditions caused by a coronavirus crisis would go on the scheme more widely issuing money to the public. So he answered the question TASS about how it would do in conditions when the government decided to provide targeted support.

“In times of crisis, you need easy and fast ways of providing assistance,” — said Kudrin. He noted that they would use the scheme wide withdrawal only to “the three four of the month”. “Then you can go back to traditional methods of support, but still to make them more simple to use remote methods validation”, — said the head of the accounts chamber.

Kudrin said that he “wanted to go on the scheme targeted support”, but in times of crisis it is “difficult”.

In the future, according to Kudrin, to provide targeted assistance will be easier, because the work kind of “public Facebook” — a single Federal information register of information on citizens. “The system will allow in real time to see the situation in humans, to respond quickly to his social status and to help,” he said. But the system still does not work, and better aid “will have to wait.”

Kudrin also said that we need to support not only small and medium-sized businesses from the affected industries and with revenue of up to RUB 2 billion. To support, in his words, not on the basis of the sectoral affiliation of OKVED (Russian classification of economic activities), but on the actual decline in turnover and the deterioration of the financial situation. And level with the point of view of revenue “is to raise up to 5 billion or even 15 billion rubles,” he said. “If the enterprise has recorded a 30% drop in revenue, it must receive support regardless of whether it refers to the listed industries or not,” Kudrin said.

taking into account lost income Kudrin estimated measures of support of economy from the Russian authorities in the 6% of GDP. In General, “it would be possible to give an extra support 2-3 trillion rubles,” Kudrin said. “They could, given the unprecedented nature of the crisis, to clarify the budgetary rule and there is to take 1.5−2 trillion rubles, and also to borrow on the markets,” he added. Similar numbers he had called in April.

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Jennifer Alvarez is an investigative journalist and is a correspondent for European Union. She is based in Zurich in Switzerland and her field of work include covering human rights violations which take place in the various countries in and outside Europe. She also reports about the political situation in European Union. She has worked with some reputed companies in Europe and is currently contributing to USA News as a freelance journalist. As someone who has a Masters’ degree in Human Rights she also delivers lectures on Intercultural Management to students of Human Rights. She is also an authority on the Arab world politics and their diversity.