Alexander Novak: The Russian economy has shifted to domestic sources of investment
Deputy Prime Minister of the Russian Government Alexander Novak spoke about changes in the country's financial system. According to him, an important structural shift has occurred in the Russian economy, which is changing the ways in which businesses and large projects are developed.
The main change is that Russian companies have begun to actively use domestic sources of financing instead of external ones. Previously, many investments in the country depended on foreign loans and overseas capital markets, but the situation has now changed.
According to experts, this restructuring helps the economy become more independent. Domestic resources include the companies' own funds, domestic bank loans, and other financial instruments available in the Russian market.
This process is part of the economy's adaptation to new conditions. Using domestic sources allows businesses to plan long-term projects by relying on stable resources within the country.
In the future, the government plans to continue working on strengthening the financial sector. It is expected that the development of domestic investment will help support production growth and create new jobs in various regions of Russia.