Russian President Vladimir Putin on Wednesday, October 20, at 13:00 will hold a meeting with the cabinet of the mini-cabinet, which will discuss the situation on measures against COVID-19 in the country and the government’s presentation on the possibility of introducing a nine-day weekend. This was announced by the journalist of the Kremlin pool Dmitry Smirnov in his Telegram-channel.
Deputy Prime Minister Tatyana Golikova will report to the top of the state on the situation with morbidity and will voice a proposal to introduce a “weekend regime”. Minister Anton Siluanov and the head of the Ministry of Economic Development Maxim Reshetnikov will explain how this will affect the economy in general and business in particular, after which an appropriate decision will be made. Depending on the situation with the morbidity at the end of the “weekend”, the question of whether to end or extend them will be decided.
On October 19, Tatyana Golikova proposed non-working days from reaching October 30 to November 7. Weekends from October 23rd should be considered. Russian Chairman Mikhail Mishustin supported the proposal.
The Deputy Prime Minister pointed out that this is not just the introduction of non-working days, but at the same time the introduction of the admission of vaccinated and ill citizens to certain facilities upon presentation of QR codes.
Kremlin spokesman Dmitry Peskov noted that Russian President Vladimir Putin will listen to reports from the operational headquarters and the Cabinet of Ministers on restrictive measures. As soon as he makes a decision, it will be published.
Over the past 24 hours, Russia has identified 33,740 new cases of coronavirus. In total, 8,060,752 cases have been recorded since the beginning of the pandemic. Also in Russia, a new record for daily mortality from covid has been set – 1015 people.
Finance Minister Anton Siluanov said that Russia spends 3.6 billion rubles a day to fight the coronavirus. He explained that the increase in the incidence of costs, so the department is preparing a proposal for additional funding for the fight against the pandemic by 50 billion rubles.
Russia spends daily on the fight against coronavirus
The total expenditures of the federal budget for combating the direct and indirect consequences of the coronavirus pandemic in Russia in 2020 amounted to 2 856 trillion rubles, or 12.5 percent of total budget expenditures.
Experts interviewed RBKIt is assumed that the introduction of additional non-working days by the November holidays will not have a significant impact on economic activity, unless the coronavirus restrictions are tightened on the federal one.
As ING’s chief economist for Russia and the CIS, Dmitry Dolgin, the holiday regime is very different from the lockdown, it will be more flexible.
He added that the deterioration of the epidemiological situation carries risks for the economy and did not rule out that this will be taken into account by the Central Bank on the basis of the key rate on October 22.
Experts make short-term restrictions not reliably on financial performance, however, it is important that they do not last in the long term.
Earlier, Russian Prime Minister Mikhail Mishustin appealed to his first deputy Andrei Belousov and the head of the Ministry of Economic Development Maxim Reshetnikov with a request to prepare proposals for business support against the background of the decision of non-working days from October 30 to November 7. He stated that businesses need help to continue their sustainable operation.