Russia sees 33% drop in economic activity

Region
  • 06 May, 2020
  • 14:33
Russia sees 33% drop in economic activity

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.