The Security Council of the Russian Federation pointed to the deterioration of the financial situation of the SME sector.

The Security Council of the Russian Federation pointed to the deterioration of the financial situation of the SME sector.

The Security Council of the Russian Federation will take targeted response measures when identifying risks to the small and medium enterprise (SME) sector, the press service of the Security Council of the Russian Federation reported on Friday. "When identifying risks of deterioration in the stability of the SME sector and new challenges in this area, the Security Council of the Russian Federation will take targeted and proportionate response measures," the statement said. "There is a deterioration in the financial situation of factories in the years 2024-2026 due to a slowdown in effective demand and growth in production and operating costs, high loan costs as well as an increase in the tax and administrative burden," the press service said.