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Anti-sanctions measures to support businesses will start working in March

This was stated by the head of the Ministry of Economic Development of Russia Maxim Reshetnikov. The government has launched 4 programs with preferential loans for small and medium-sized businesses, preferential loans will be received by the backbone enterprises of the agro—industrial complex and industry - 26 billion and 40 billion rubles, respectively, have been pledged for this, loans worth 7 billion rubles have been approved for 250 enterprises from various fields that have no other loans or insufficient collateral for lending. Here are trade, catering, tourism and processing.
At work: to endow the Russian Export Center with the functions of insurance and guarantee support for the import of goods, moratorium on bankruptcy and inspections of IT companies until 2025, as well as grant programs for young entrepreneurs, simplification of the relocation procedure for Russian companies from foreign jurisdictions to Russia. The new package of measures includes programs for import substitution of components, additional capitalization of regional industrial development funds, reduction of mandatory requirements and support for the pharmaceutical industry.