The economy of the Russian capital may reach normal rates of development as early as next year. This was announced on Sunday, August 30, by Moscow Mayor Sergei Sobyanin.
“If the economy still does not receive the blows that it received this spring, I think that next year it will return to normal rates and normal development. Largely due to the timely support both at the federal and regional levels, ”Sobyanin said in an interview on the Russia 1 TV channel.
In early August, the mayor said that the support of business during the period of measures to combat the pandemic cost the Moscow authorities 85 billion rubles, writes Gazeta.ru.
At the end of July, Sobyanin said that as a result of the coronavirus pandemic, the damage to the Moscow budget would amount to 500 billion rubles by the end of the year.
At the same time, he assured that the Moscow authorities will preserve, despite the pandemic, key investment projects, financing of the social sphere and the level of salaries of public sector employees.