Direct payments to Russians in the context of a pandemic will lead to hyperinflation and devaluation of the ruble. This was stated by first Deputy Chairman of the Federation Council Committee on budget and financial markets Sergey riabukhin.
“This … will lead to increased cost of production, hyperinflation, devalued the national currency. I am strongly against such mindless distribution of money” — quoted by TASS ryabukhina.
Ryabukhin underlined that assistance should be targeted to different categories of citizens, otherwise the Russian economy is waiting for destabilization.
Earlier, the Kremlin has allowed a one-time financial assistance to all Russians. According to the press Secretary head of state Dmitry Peskov, “the potential of Russia enough to fulfill social obligations and “damping” any negative effects of the global economic crisis.” Peskov later said that his words about direct payments “misunderstood”.
Now, reminds TASS, support to citizens and business is conducted in three main areas:
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