A variety of economists think about the measures inadequate

According to our information, the first and second studying of payments will be held in the Duma on March 31 and April 1. In whole, we’re speaking about eight legislative initiatives, all of them have already been submitted to the State Duma.

The measures are very completely different: there’s a more durable punishment for violating the quarantine on COVID-19, and permission to promote medicines on the Internet, and funds for kids …

The goal of all emergency measures is the identical – to forestall an emergency that’s looming on the financial system and security of individuals in reference to the improve in the variety of sufferers with coronavirus an infection. But if nearly nobody doubts about toughening duty for violation of quarantine measures, consultants agree that that is needed to forestall emergencies, then the proposed financial measures appear to be inadequate for some consultants.

“Of course it’s good that a whole package of laws will be enacted to support people and businesses,” says economist Andrei Nechaev. – For instance, advantages for housing and communal companies will be prolonged. But for my part, individuals don’t want advantages, however actual cash is now wanted! I have lengthy been saying that it’s extra necessary to abolish fully private earnings tax for the poor. And forward of schedule to index pensions to pensioners. They would carry cash to the market and thereby assist the enterprise, ”the knowledgeable says.

He additionally criticized the quantity of fabric assist that the authorities intends to supply to residents and companies.

“Right now everyone seems to be discussing deferral of loans, however what’s the use for the poor on this deferral – they don’t have a mortgage, this doesn’t concern them. The Americans went the different approach – they now determined to offer out $ 3,000 per household, and hundreds of thousands of households obtain such assist there.

Or let’s evaluate how a lot they’re going to allocate for anti-crisis measures and how a lot do we now have? Just now, the US Congress is adopting a 2.2 trillion anti-crisis program. {dollars}, and we now have introduced about 300 billion rubles. – at the present change charge, that is about Four billion {dollars}. Even if the president then will increase this quantity, fully incomparable issues will nonetheless be obtained, ”says Andrei Nechaev.

“The authorities, on the one hand, guarantees enterprise assist, and on the different, imposes an unreasonable burden on it. I imply – the obligation to pay wages throughout a compelled non-working week, which will inevitably result in a lower in gross product.

Another extraordinarily controversial measure is the introduction of a tax on earnings from deposits and securities in extra of 1 million rubles. We hit the center class, which in a great way, on the opposite, must be maintained and protected. In normal, I have many questions for the authors of those anti-crisis measures. ”

“The measures taken to support the business are very correct,” says Ruslan Greenberg, Corresponding Member of the Russian Academy of Sciences. – But not sufficient. We don’t wish to uncork the infamous little egg. In different international locations there aren’t any egg capsules, however they allocate from 7 to 12% of GDP to assist small and medium-sized companies, and we solely 0.3-0.4%. And this, after all, shouldn’t be regular, as a result of it’s small and medium-sized companies that will undergo the most now. It appears to me the most affordable factor is to allocate subsidies to those enterprises for salaries. That’s what they’re doing now in Europe. ”

The economist mentioned that enterprise wants actual cash, not tax breaks: “We are not as rich as the United States, so we can’t give as much as one and a half thousand dollars per person, but it is necessary to support people in such a critical situation. Perhaps even by printing money. ”

In the meantime, all the measures that the authorities speaks of, the economist believes, are extra like lovely PR than actual assist to individuals and enterprise in a tough life scenario.

See additionally: Non-working week: needed, however harmful

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