Politics

Russia sees 33% drop in economic activity

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The economic activity in Russia dropped 33% in April 2020, said the Economic Development Minister Maksim Reshetnikov, Report informs.

According to him, the companies, which have 28% of jobs in the regions, operate with restrictions.

In April, the tax receipts fell 31.4%, tax income – 40.8%, and VAT – 26.7% in Russia. 

Report

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