State Economic Policy and Economic Country Efficiency

Maintaining the balance of the state budget is carried out in the short term to create a favorable investment climate in the country, which requires above all an orderly, extremely stable, concise tax and customs legislation, a limited number of taxes. The average tax rate should not exceed one third of the income of economic entities. Relieving the country's debt dependence involves strengthening the national currency. Long-term trade deficit causes devaluation of the national currency, as the country is forced to apply for foreign loans, increases the deviation of the national currency from purchasing power parity in the direction of its underestimation, foreign economic relations become unprofitable, country net wealth decreases due to savings and capital transfers.