Business kept 650 billion rubles due the state

Russian business has maintained 650 billion rubles thanks to state support, including delay in the payment of taxes, said the head of Ministry of economic development Maxim Reshetnikov at a meeting with Russian President Vladimir Putin.

Banks gave out loans at 2% to 155 billion rubles, 800 thousand jobs supported. For 107 of the backbone enterprises loans to 110 billion rubles. But the program extends the limit of preferential credits is planned to increase to 100 billion to 350 billion rubles. Growing results and payroll loans.

Banks restructured 255 thousand loans to companies and citizens to 270 billion rubles, including 140 billion rubles to 60 thousand small and medium enterprises.

Russia has a huge experience of effective and large-scale industrial mobilization during the great Patriotic war. With this example, the Russian authorities have been able to go through the pandemic unscathed, said Monday, Russian President Vladimir Putin during a meeting on the implementation of measures of support of economy and social sphere.

“During the war a few weeks has taken almost all industrial enterprises from the European part and immediately, in the field, started production, and has already delivered tanks to the front, — said the Russian leader. — So in our terms that we just were required to do and work even better.”

the Amount of state support of economy of Russia in conditions of the pandemic is constantly growing and exceeded 3 trillion rubles, announced in late may, the Minister of economic development Maxim Reshetnikov during the nationwide “Day of entrepreneur”. State support has grown 1.5 times since mid-April.

the First package of state support was adopted in early March, 2020 in the amount of 1.2% of GDP — in the time of active spread of coronavirus and lower oil prices. The head of the government Mikhail Mishustin 1 April reported on the increasing state support of the economy to 1.4 trillion rubles, or 5% of GDP. This amount includes subsidies to payATA population, preferential loans and deferred payments for large and small businesses.