Russia’s Prime Minister Mikhail Mishustin held a meeting, via a video conference, with his deputies, to discuss measures intended “to enable economy, which is undergoing a strength test, endure these hard times with minimal losses and to preserve a potential for further development,” government’s website reports.
“Now not only micro businesses, but also small- and medium-sized businesses are eligible for a deferral of premium payments to the social funds,” he said, noting “For the small- and medium-sized businesses in the most affected sectors we will reschedule the payment of taxes and fees that are due over a period of the next six months. They will not have to pay everything within one day as soon as the six-month deferral is over. They will be allowed to pay in equal installments during the year following the end of the deferral, that is, in some cases practically until the end of 2021.”
He also noted “additional measures to support people and businesses, taking into account the proposals sent by business associations.”