Sobyanin approved the fifth business support package and extended a number of existing measures to 2021.
“The business in Moscow will be able to take advantage of additional measures of economic support. A number of programs in operation in 2020 will be extended until 2021. Moscow Mayor Sergei Sobyanin signed a resolution on this issue. The decision to provide additional measures of economic support was made based on the analysis of the unfavorable situation in the areas of economy, culture and non-stationary trade in the context of the ongoing COVID-19 pandemic, ”the press service said.
In total, about 50,000 companies from affected industries received assistance in Moscow within the framework of four support packages. They employ about 800 thousand people.