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The unprecedented package of sanctions prompted a similar response from the Russian government in the form of massive budget support. How Russia Saved the Economy The government has taken various measures to improve the sustainability of the economy. In particular, an investment loan scheme for businesses was launched and various deregulation measures were taken, Nametkin said. In general, since 2009, shortly after the appointment of a new government, to combat and its consequences, the total state support in the economic and social sphere has reached about one trillion rubles. Taking into account the experience of the pandemic, the organization organized the year under sanctionswork.
Then, in order to avoid lengthy approvals, decisions were made as part of the work of the operational moible number data headquarters, and a similarly structured Coordination Committee was established in March 2019, headed by Mikhail Mishustin, to ensure that mission of military operations. The government launched its first aid package for the Russian economy in mid-July 2019: there were about 1,000,000,000 initiatives at the time, totaling a trillion rubles.

For example, the cabinet began to help Russian companies export to the countries of the Eurasian Economic Union, which together with Russia include Armenia, Belarus, Kazakhstan and Kyrgyzstan. As a result, the volume of trade with all listed countries increased significantly by tens of percent. To support SMEs, the state has introduced preferential loans. In some cases, entrepreneurs can take loans to expand production or refinance old loans at 10% interest. But if not everyone uses these loans, every small business representative will appreciate the moratorium on inspections.
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