Sverdlovsk businesses described their situation as close to catastrophe.

Sverdlovsk businesses described their situation as close to catastrophe.

      The policies of the Russian government and the Bank of Russia have led to catastrophic consequences for entrepreneurship in the Sverdlovsk region and across the country. This was stated by the head of the regional branch of "Opora Russia," Ilya Tyshenko.

      According to him, reports of an increase in the number of entrepreneurs are completely inconsistent with reality, as business fragmentation is taking place.

      — The situation is catastrophic; it is a whole chain of wrong decisions by the government and the Central Bank. To save inflation, they raised the rate, and deposits reached up to 25%. Why should an entrepreneur work when he can take 5-10 million, put it in the bank, and earn interest on the deposit? Now they are gradually lowering the bank rate. I would like them to lower it sharply, as they raised it. But even this won't help; the economy won't recover that quickly, — Tyshenko is quoted by the EAN publication.

      He added that the flow of investments into projects has completely ceased. The key rate should be no more than 10% for the economy to resume functioning. And after the tax increases, instead of "whitening" the economy, the opposite effect occurred: businesses are increasingly encouraging citizens to pay in cash.

      Earlier, we reported that fitness centers in Yekaterinburg are at risk of closing due to tax inspections.

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Sverdlovsk businesses described their situation as close to catastrophe.

The policies of the Russian government and the Bank of Russia have caused catastrophic consequences for entrepreneurship in the Sverdlovsk region and across the country. This was stated by the head of the regional branch of "Opora Russia," Ilya Tyshenko.