17 March 2020 – Government and Central Bank announce economic package

Type of Intervention: Financial and Economic
Sectors Involved: Central Bank
Level of Jurisdiction: National
Lead People/Agency: The Central Bank of Russian Federation’s President Elvira Nabiullina

Overview: Ensuring economic sustainability amid the coronavirus pandemic. Economic package includes: (1) ensuring financial stability through preserving the liquidity of national currency, (2) Maintaining financial stability of industries and sectors of the economy (i.e. tourism, air transportation) through the restructuring loans and/or special lending to small and medium-size private enterprises, loosening the rent and tax policies (3) Supporting the population and regional budgets through appropriate payments for sick leave in mandatory quarantine, for families with children from three to seven years old, etc.
Full details here: http://cbr.ru/press/PR/?file=17032020_090000dkp2020-03-17T08_57_06.htm

Type of Justification: Advice of INTERNAL government advisory committee or group
Source of Evidence or Justification: National – government