Expert names reasons for overheating of Russian economy

07.08.2024 19:08

The former Russian finance minister explained to Russians what is causing the overheating of the economy.

The tense situation has arisen because there is currently a serious shortage of qualified personnel.

As Mikhail Zadornov emphasized in a comment to RIA Novosti , the situation with the shortage of people, together with the lack of free production capacity, cannot but fuel the Russian economy.

Due to this combination of factors, it is not possible to increase domestic production in the Russian Federation to the level of demand. And it is not possible to cover the demand through imports because anti-Russian sanctions prevent this.

At the same time, there are opportunities for economic growth in Russia, but due to other factors that are not in its favor, this is not yet possible.

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Photo: © TUT NEWS

In some industries, people work in 2 and even 3 shifts, which indicates that production capacity is being used at 90%.

This is why the economy is overheating because it has no other way to satisfy demand.

Author: Irina Tint Editor of Internet resources