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Six steps to return Russia to economic growth

The Russian economy is under pressure: it’s time for an alternative.

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In late January 2015, the Russian government adopted an anti-crisis programme. The plan includes a number of measures intended to provide sustainable development of the economy, and social stability in 2015. The Cabinet of Ministers plans to substitute imports, remove barriers for business, and compensate inflationary costs for the country’s poorest.

The document also proposes to support employment, optimise budget expenditures and restoring the banking sector to health. The government is preparing to put a series of legislative acts in place by the middle of March; and the coming months will show just how effective those measures will be. Right now, though, it’s possible to draw up an alternative plan; in six steps.

The food import limitations implemented in August 2014 should be abandoned.