12/1/2020, 1:31 PM (Source: TeleTrader)
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PM: Russia to increase spending on coronavirus fight

Russian Prime Minister Mikhail Mishustin (pictured) said on Tuesday that the government will increase spending to combat the coronavirus pandemic.

Since the pandemic situation in certain areas is "quite tense," Russia will "extend until the end of the year the opportunity for medical organizations to spend compulsory medical insurance funds for wages of employees, utilities, taxes, regardless of the amount of assistance provided by them, as well as paying off accounts payable," Mishustin specified.

Yesterday, the Ministry of Finance provided 10 billion rubles ($131.5 million) to medical staff in Russia's regions, while today the government secured 14 billion rubles ($184.1 million) to support medical, scientific and educational institutions during the pandemic.

Breaking the News / MS