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Tour operators reduced their contribution to the personal liability fund

Tour operators reduced their contribution to the personal liability fund
Photo: pixabay.com

The amount of contributions to personal liability funds for tour operators working in the field of outbound tourism was reduced in Russia. The order was signed by Prime Minister Mikhail Mishustin.

This year, the contribution will amount to 0,25% of the total price of a tourist product, and not 1%, as before. The federal authorities took the decision to support tour operators affected by coronavirus restrictions. Personal liability funds have existed in Russia since 2017 to indemnify tourists if the tour operator does not fulfill obligations under the contract.

The Prime Minister instructed to engage in the systemic development of tourism and announced a package of measures to support tour operators. Initiatives are included in the national economic recovery action plan.

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