the Russian business from June 1 received loans to staff salaries for a total amount of 54 billion roubles. This was the first Deputy Prime Minister Andrei Belousov.

“that’s All, and small businesses, large enterprises, have access to the lending program for the payment of wages under 2% with subsequent cancellation. This programme is currently very quickly took off. She started June 1, and already today is approved by more than 54 billion rubles of loans,” — said the official.

According to him, in total, businesses filed applications for a two-percent loans more than 100 billion rubles.

Credit employment support programme, President Vladimir Putin announced on may 11. It involves a new rate on loans is 2% and the cancellation of monthly payments. If the company will retain employment at 90%, then the entire loan and interest will be written off under the new program, if at 80% — written off half.

small business Support — the goal of the national project “Small and medium entrepreneurship” which operates in Russia until 2024. On the development of small businesses planned to spend 481,5 billion over five years. However, the crisis caused by the coronavirus pandemic, caused an unscheduled government to send billions of rubles to support the business.

Ruslan Marchenko