Support measures for those affected by COVID-19
Spread of COVID-2019 threatens the public health and carries significant economic risks.
Countering the negative impact of the pandemic will depend on the timeliness of measures implemented by the Government and regional authorities to support the population and business.
On 17 March 2020, the Government released a list of priority measures to support the country's economy, including:
- deferral of tax payments and social contributions for some taxpayer categories
- suspension of audits and checks
- zeroing customs tariffs for socially important goods
- employment support
- targeted sector-specific measures.
On 25 March 2020, the President of the Russian Federation outlined the key measures to support the general public and businesses, including:
- increasing some of the social payments
- automatic extension of all social benefits
- targeted measures for small and medium enterprises.
Regulations formalising some of the measures have been already adopted, with more regulations still in the pipeline.
We prepared an overview of the key support measures. It will be constantly updated, as additional measures and initiatives are announced and implemented.
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