Kalinin called the measures unprecedented, pointing out that they will help minimize risks to the business in the current environment.

“The president highlighted the small business unit, which is likely to suffer the most in this situation. Of course, we welcome tax deferrals for six months, except for VAT ... The president also paid attention to the fact that state guarantees would be provided and the interest rate would be subsidized ... (Will be introduced. - RT ) moratorium on six months for bankruptcy and a reduction in insurance premiums from 30% to 15%, and the president clearly said that this is a long-term measure, ”Kalinin said.

According to him, these decisions will help protect the business not only in terms of the influence of the coronavirus, but also in other issues relevant to the Russian economy.

“This is inspiring, because we have long been saying that one of our main distortions in the economy is too much work on the wage fund ... This is a very important statement, we welcome it and hope that it will be in the long term” - he added.

Earlier, Russian President Vladimir Putin, while addressing the Russians in connection with the spread of the coronavirus, spoke about a number of measures that the government intends to take to protect small and medium-sized businesses from the influence of COVID-19.

RT conducted a live broadcast of the appeal.