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Russia’s primary goal is to restore employment – PM

Russia’s “primary goal is to restore employment and support people at a difficult time,” Prime Minister Mikhail Mishustin said at a videoconference with deputy prime ministers on finalizing national economic recovery plan, government web page reports. “The key objective of the plan is to promote the wellbeing of the people,” he stressed.

As he noted, “stable growth of incomes requires a new, fully-fledged investment period. This is why our plan contains so many measures to support investment in the projects of big business as well as medium and small-sized enterprises. Then we will be able to create additional demand for specialists, ensure the necessary level of salaries, reduce the number of the poor, and increase the number of people employed at small and medium-sized businesses.” At the moment, “The labor market is gradually stabilizing.”

The government has resolved that “minimum unemployment benefit for May through July will be tripled [to RUR 4,500 ($63)]. Besides, those whose eligibility for unemployment benefits expired after 1 March are entitled to a three month extension. Sole proprietors, who were forced to close their businesses after 1 March, will get a maximum unemployment benefit of RUR 12,130 ($180) a month in June through August.

Another subject addressed by the Prime Minister at the meeting was “measures to boost tourism including domestic tourism.” As he said, “The problem is the lack of quality tourist infrastructure and competitive service prices. We will be overcoming this hurdle by actively supporting investment in the industry.”

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