Free Economy Institute
Government spending policy
  • Reducing the cost of the state apparatus. Due to a significant reduction in the number of civil servants.
  • Keeping part of defense spending at the current level. The modernization and reform of the Armed Forces is carried out due to a sharp reduction in the number of military personnel. An increase in army funding is due to an increase in nominal official GDP. 
  • Saving part of the costs of law enforcement at the current level. Modernization and reform of law enforcement agencies is carried out due to a sharp reduction in the number of employees. Increased funding for law enforcement is driven by an increase in nominal official GDP.
  • To reduce education costs. Higher education and specialized educational institutions are privatized. At the first stage of reform, only general education and preschool institutions remain on public funding.
  • To reducing the economic costs of budgets. To upgrade the infrastructure and bring it to the level and quality of advanced countries, the functions of building a new and modernizing existing infrastructure facilities are transferred to private companies on a concession basis. (Developed an appropriate concept for financing and managing infrastructure facilities). 
  • To reduce budget spending on medicine. Due to the transition to insurance medicine.
  • Reduction of expenses on pension payments. Due to the abolition of the joint system and the transition to private pension insurance. Full verification of current retirees.
  • Reducing budget spending on social benefits. By introducing a verification tool for recipients of social assistance with monitoring the financial condition of the recipient. And also by restraining the growth of social spending at the inflation rate, with the active growth of the country's economy.