The Supreme Council
of the Pridnestrovian Moldavian Republic

Official Website

The Support for Business and Citizens. Experience exchange

26.06.2020

The coronavirus pandemic that has swept the world threatens not only human health, but also the economy. The restrictive measures taken to prevent the spread of infection negatively affected the state of the business, especially small business. Each state has developed measures to support entrepreneurs. The Chamber of Commerce and Industry of Pridnestrovie organized a video conference on the topic: “International experience in restoring the state economy. A set of government measures to support entrepreneurship in Pridnestrovie”. Representatives of the Supreme Council, the Government and the business community of the republic, as well as experts from Russia, Abkhazia and other countries shared their experiences.

A member of the Russian Chamber of Commerce and Industry Committee on Foreign Economic Affairs Elena Kuzmina said, that despite the COVID-19 epidemic, the GDP of many countries is growing by inertia, while the number of unemployed in the EAEU countries has increased by 45%. According to her, the most affected sectors of the economy include transport and passenger transportation, the financial and investment sectors, some mechanical engineering and mining industries. But agriculture, the IT sector and some mining sectors will benefit from the pandemic.

Representative of Abkhazia Lana Kiut said, that despite the fact that there are not many patients in Abkhazia, enterprises still felt the pressure of the virus. Small business suffered, and the tourism industry was immobilized. Life of Abkhaz entrepreneurs in such a difficult period was facilitated by state support measures.

Among the list of government support measures, including in Pridnestrovie, such as: recalculation of tax payments, exemption from rent, loans to business entities for payment of salaries with state subsidies to banks 10%, the possibility of entrepreneurs receiving cash compensation, not charging fines for late utility bills from March 1 to June 30, 2020 inclusive, and a number of others.

Two and a half hours of online video conferencing. Questions and answers. This format of communication today is relevant and useful. Participants expressed their wishes to continue such meetings to exchange information.