The initiative covers some 100 measures with funding estimated at $9 billion
© Getty Images / Vasil Nanev / EyeEm
The Russian government has prepared a list of measures aimed at tackling the impact of sanctions imposed by the US and its allies, Prime Minister Mikhail Mishustin said on Tuesday.
The proposal includes more than 100 initiatives and measures, with the total amount of funding for their implementation estimated at about 1 trillion rubles ($9 billion).
“Under the instructions of [Russian President Vladimir Putin], a whole range of measures has been prepared, many of them are included in the draft priority action plan. This is a very flexible plan, and it will be constantly updated and issued in stages depending on the situation,” Mishustin stated.
According to the official, the initiative includes state support for small and medium-sized businesses, as well as systemic and state procurement companies.