The main factors of increasing the efficiency of credit resources use

The article is devoted to the issues of increasing the efficiency of using credit resources in the economic space. One of the main factors constraining the growth of production in the countries of the Commonwealth of Independent States is expensive loans and borrowings. Having a huge potential for the development of the manufacturing sector, our countries have an annual growth of gross domestic product in the range of 0-1.5 percent. The authors substantiated the influence of various factors on the country’s investment potential, including an assessment of the devaluation mechanism of budget replenishment and the chronic decline in real incomes of the population over five years. The study was carried out and the developments of various authors of world economic science in the theoretical part of the article were analyzed. The authors analyze the factors influencing the pace of economic development in the country, analyze the influence of the key rate of the central bank on the cost of borrowing credit resources in the credit market...