“A serious blow was dealt to the city's budget. We see that by the end of the year the losses will amount to ... from what we planned to receive, somewhere around 500 billion rubles, ”he said.

Sobyanin added that another 250 billion rubles will go to support business, citizens and health issues related to the coronavirus.

Earlier, an independent financial and economic expert Alexander Trifonov, in an interview with the FBA "Economics Today" commented on measures to support business in Russia.