We have no restrictions on raw materials. From our raw materials it is possible to produce ten times more products than we currently receive in export earnings of crude oil, low-processed metals and chemical raw materials.
The only limitation we face is lack of money. This is a long-term policy of tightening credit, inflating interest rates, and depriving the economy of credit, which is the main way to inject investment into a market economy. That is, from the point of view of supply factors, we have no restrictions on economic growth; we could, based on existing resources, produce 30% of GDP more than we produce today.
— Sergei Glazyev speaking at the 2024 Moscow Economic Forum
