The mayor estimated the economic implications of the coronavirus for Moscow

The closure of businesses due to the coronavirus has affected all citizens, but the city does have a margin of safety, said the mayor of Moscow Sergey Sobyanin .

He noted that in recent years, Moscow created their own reserve funds that helped in the period of validity of restrictive measures.

"However, all these years we have created a margin of safety. We have the same or some huge reserve Fund, rather it is, but quite small, there is no national welfare Fund, no Central Bank. No money, we will not throw and will not print. We still created this reserve," the mayor added.

Recent data on the situation of COVID-19 in Russia and the world presented on the portal stopmanager.of the Russian Federation.