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Russia prepares for any scenario – PM

Russia’s Prime Minister Mikhail Mishustin chaired a meeting of the government to discuss an integrated strategy for industrial development up to 2024, website of the government reports.

Speaking of “the measures to support people and the economy in this difficult situation, to protect people and prevent the explosive spread of the coronavirus infection,” he noted that “from April to June, unemployment benefits will be paid in the amount of the minimum wage, or over 12K rubles ($160).”

“We will expand the repayment delay for mortgages and consumer loans so that more people could use it, we will refine the mechanism for automatic extensions of expired identification documents, including passports and driver’s licenses, for at least three months,” Mishustin said. “It is vitally important for up to half of the current companies to actively introduce different innovations. It is also essential to use digital technology to the utmost. Labor productivity at medium-size and large non-resource based companies must grow by at least 5% per year.”

Yet “The main thing is to be prepared for any scenario,” he concluded.

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