the government of the Russian Federation approved the list of 9 sectors most affected by the coronavirus
Moscow-Live.ru / Akishin Vyacheslav
the Russian Government published on its website an approved list of industries that are most affected due to the coronavirus. These industries will receive a six-month deferral of all taxes, small businesses will also get a reprieve on insurance premiums to the state Fund and rental of Federal property.
in addition, the government has extended the preferential terms of loans, imposed a moratorium on bankruptcy and temporarily banned from conducting scheduled and unscheduled inspections.
the list includes nine industries, including air transportation, airport operation, transportation, culture, leisure and entertainment, health activities and sports, tourism, hospitality, catering, organization of additional education, organization of conferences and exhibitions, as well as household services (repair, Laundry, dry cleaning, hair salons and beauty salons).
Earlier, the head of the Central Bank Elvira Nabiullina said that a month of quarantine will cost the Russian economy 1.5-2% of GDP in 2020, and the negative effects will be concentrated in the second quarter of the year. Other economists noted that the GDP of the Russian Federation in April in annual terms could be reduced between 20% and reduce the total dynamics of GDP by 1-2 percentage points the Head of the accounts Chamber Alexey Kudrin said that the fall in GDP in 2020 even in the moderate scenario is estimated at 3-5% and in the pessimistic can be repeated situationciya 2009 with a fall of 8%.
meanwhile, the fall in business activity in the services sector of the Russian Federation in March of this year was the highest for 11 years. It was caused by low consumer demand and the closure of the business after the escalation of the pandemic coronavirus, which has led to a sharp drop in new orders. The rate of decline in new export orders was the strongest since September 2014, total sales in the services sector of the Russian Federation dropped at the fastest pace since February 2009, and the rate of decline in jobs accelerated to the fastest since January 2016. In addition, it became known that 90% of Russian cafes, bars and restaurants at the end of “Putin’s vacation” may be closed forever.
