Putin promises strong support for Russian businesses hurt by coronavirus crisis ...United Arab Emirates

News by : (Russia Today) -
Russia’s President Vladimir Putin has suggested new measures to support small and medium-sized businesses by providing them with funds to continue paying salaries to employees instead of laying them off amid the Covid-19 pandemic. During a meeting with the members of the government on Wednesday, Putin proposed adding the hardest-hit non-food companies to the list of small and medium-sized businesses.  The president said that, starting from May 18, companies that retained at least 90 percent of their employees will receive salary funds from the state. Support will be calculated based on the total number of employees as of April 1. Each

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