“Prime Minister Mikhail Mishustin approved a list of activities to provide enterprises with a one-year deferment in the payment of insurance premiums,” the message on the Cabinet’s website says.

It is noted that this decision was made on behalf of Russian President Vladimir Putin.

The business will be able to use the released funds for current expenses.

Earlier, Mishustin instructed the Ministry of Labor to submit to the Cabinet by May 5 a schedule for the adoption of acts to implement the law on the creation of a unified pension and social insurance fund.

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