Moscow govt approves 85 bln rbl measures to support business

MOSCOW, May 27 (PRIME) -- The Moscow government has adopted three packages of business support measures totaling 85 billion rubles, Mayor Sergei Sobyanin said in his blog late Tuesday.

“To help Moscow business, the city government adopted three packages of support measures totaling 85 billion rubles,” the mayor said.

Trade, restaurants, service sector, hotels, cultural organizations, physical education and sports, exhibition, entertainment, enlightenment and educational activities, leisure, tourism, small and medium-sized businesses and other affected industries received tax benefits and deferral of rent charges and other obligatory payments, Sobyanin said.

“By mid-May, 34,800 organizations employing over 750,000 people have already taken advantage of various forms of support,” he added.

Sobyanin said there are all grounds to hope that the pause in the work of most Moscow businesses will soon come to an end, but it is first necessary to make sure that the situation allows to do this.

The Moscow government has decided to support entrepreneurs in several other industries, including private medical clinics, the mayor added.

(71.1408 rubles – U.S. $1)

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