Russian President Vladimir Putin outlined a range of measures on Wednesday to tackle the economic impact of the Covid-19 outbreak. Putin has asked the cabinet to give small and medium-sized businesses a six-month tax holiday, apart from the sales tax, and asked the central bank to take other measures to prevent layoffs and bankruptcies (including a six-month holiday on mortgage and credit payments). He has also urged employers to help maintain stability on the labor market. The government has been tasked to increase unemployment benefits to the minimum wage, which is 12,130 rubles (about $155) per month. Als
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