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Elvira Nabiullina: The current resources of the Russian economy are exhausted

Elvira Nabiullina. Photo: Sergei Karpukhin / Reuters

The head of the Central Bank of Russia, Elvira Nabiullina, who arrived at the St. Petersburg International Economic Forum (SPIEF), confirmed that many of the resources thanks to which the country's economy has been growing at record high rates over the past two years have actually exhausted themselves.

In this regard, Nabiullina stated the need to develop a new model for the development of the Russian economy.

EADaily previously also informed that marketplaces will be obliged to equip Russian shelves.

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16.07.2026

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