The Cabinet has urged small and medium enterprises to save jobs

given the situation, the first meeting of the Commission the Prime Minister has called a crisis. Earlier, the government announced a plan of priority steps to aid the economy, and now is preparing the second package. Small businesses received significant attention. So, decided to make a six-month deferral of all taxes except value added tax, and the micro – still and the deferral of insurance premiums to social funds. “For all other subjects of small and average business rate of such contributions will be reduced in two times the amount that exceeds the minimum wage,” he said. “We expect that the simultaneous reduction in tax payments and a two-fold reduction in insurance premiums will help to maintain the level of employment and generally support the business,” – said the head of the Cabinet.

Photo: Alexei Druzhinin/RIA Novosti Vladimir Putin signed a list of instructions following the address to the citizens

Maximum transfer of all fixed payments small business – part of the government’s strategy to enable organizations to pay staff salaries, said the Minister of economic development Maxim Reshetnikov. Attention is focused on the most affected industries, which include tourism, hotels, catering, air and road transportation, sports, personal services, education, exhibition and fair activity. Delay in payment of tax-free organizations for six months 140 billion rubles.

Additionally now worked out the mechanism for granting interest-free loans for emergency needs, primarily to pay salaries. “Aiming to be the first entrepreneurs received such loans as soon as next week – said Mishustin. – The main condition of such loans is the preservation of a number of employees. If you start neobonebathrooms dismissal, respectively, the interest rate will increase.”

About 125 billion rubles will remain in small business due to the “credit vacation”. “It’s not just about the transfer of payments for six months. We are talking about a complete shift of all payments of principal”, the Minister said Reshetnikov.

About 125 billion rubles will remain in small business due to the “credit vacation”

the Restructuring of loans will be able to use not only small and medium-sized firms. “In these industries, many businesses that do not fit under the category of “small and medium”, and so we invite the banks to restructure these loans, without creating additional reserves,” – said the head of the Central Bank Elvira Nabiullina. These measures are common for self-employed people and individual entrepreneurs if their financial situation has worsened due to the coronavirus. According to estimates by the regulator, they cover about 25 percent of banks ‘ loan portfolio.

To a previously approved temporary postponement of payments for the lease of state and municipal property prepared in a similar measure on commercial premises in shopping centres. “But then it is necessary to provide compensatory measures to the owners of such property,” – said Mikhail Mishustin. “Among the priority measures extension of the moratorium on planned inspections of business. While this mode is valid until the end of 2020, but given the current situation, we will extend regulatory holidays”, – said the head of government.


the Head of the Federal service for supervision in the sphere of Telecom, information technologies and mass communications (Roskomnadzor) has appointed Andrey Lipov. Personnel decree signed by Prime Minister Mikhail Mishustin.

on the Eve Lipov was released by the head of state with chief of the presidential office for the development of information and communication technology and communication infrastructure.

Andrew Lipow. Photo: RIA Novosti