Russian economy could lose $ 844.75 million due to restrictive measures – First Deputy Prime Minister – World
MOSCOW, October 20. / TASS /. Russian economy losses due to the introduction of restrictive measures for two weeks could reach 60 billion rubles ($ 844.75 million), First Deputy Prime Minister Andrey Belousov said at a meeting with the president Russian and members of the government.
“The losses are estimated at 4 billion rubles per day for the country in general and on the basis of a two week period without work, the losses reach around 60 billion rubles,” he said.
Belousov added that these figures do not take into account non-food trade. “Non-food trade is a separate situation. We do not expect the introduction of additional special measures there,” he explained.
He said the government already has fairly accurate estimates of the reduction in turnover of companies that have suffered the most – especially those that provide personal services such as cultural organizations, sports centers, hotels, la catering and consumer services. “In general, in terms of the daily reduction in cash turnover, it is around 25 to 30%. It is higher in certain industries and in certain regions. For example, when the QR codes were introduced in Moscow, the average daily reduction for the catering public was around 35%, ”Belousov added.
Earlier Wednesday, Russian President Vladimir Putin approved the proposal to make an October 30 to November 7 non-working day.