The author concentrates on major shifts in economic policy and maintains that the VAT rise and an increase in the retirement age in the near future may negatively affect the economic growth and the living standards of the population. He suggests a number of measures being taken sequentially with the view of creating more favorable conditions to solve such key problems as the acceleration of the economic growth and ensuring social security for senior citizens.
Specific macroeconomic indicators are given, sticking to which, with active economic policy in the next 1-2 decades, will result in sustainable economic recovery.
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