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MIL OSI Translation. Region: Russian Federation –

Press service of the President of the Russian Federation

The participants discussed the way out of the economy from the crisis and new measures to support citizens and businesses.

On the Petersburg International Economic Forum a plenary session was held. The speech to the forum participants was addressed by Vladimir Putin.

“We are glad that after such a long forced break, it is here, in Russia, that the first major international business event is being held, within which representatives of the global business community can communicate with each other not only through modern telecommunications, but also directly, as they say , live, “the President of Russia noted.

In the framework of the plenary session, the Emir of Qatar Tamim bin Hamada Al Thani, Federal Chancellor of Austria Sebastian Kurz, President of Argentina Alberto Fernandez and President of Brazil Jair Messias Bolsonaro made speeches. The Mayor of Moscow took part in the meeting Sergei Sobyanin.

Positive trends are observed in the global economy after last year’s recession. Experts predict global GDP growth of six percent, the highest since the 1970s. At the same time, the recovery of the world economy is taking place unevenly due to the different capabilities of countries, Vladimir Putin noted.

“A good example is the fight against the epidemic. Until we provide wide, ubiquitous access to vaccines against coronavirus, and on all continents, the danger of an epidemic and its new outbreaks will not go away. Hotbeds of infection spreading, posing a threat to the entire planet, may persist, ”the President of Russia said. He added that today every adult citizen of the country has the opportunity to get vaccinated comfortably, voluntarily and free of charge.

The Russian economy and labor market are gradually approaching pre-crisis levels. Vladimir Putin instructed the Government to strengthen programs to promote employment in the constituent entities of the Federation, where unemployment is still high, and to launch a program to support youth employment. According to the President of Russia, by 2024 it is necessary to provide transparent, predictable and comfortable regimes for business. Each region should offer an algorithm of work that is understandable to entrepreneurs.

Among the anti-crisis measures listed by the President of Russia are the preservation of preferential mortgages, a new mechanism to support lending to small and medium-sized businesses, reimbursement of commissions to entrepreneurs for using the system of quick payments in settlements with individuals, the development of a mechanism for the smooth transition of business to a new tax regime, and its release from excessive antimonopoly control. and an increase of up to 25 percent in the share of goods and services that large companies and government customers are required to purchase from small and medium-sized enterprises.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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