The President noted the positive changes in the Russian economy, which have been confirmed by the decision to give Russia an investment-grade rating. Mr Putin said he believes these positive trends will strengthen. Improved legislation in Russia has done a lot to stimulate investment activity.
But the President also noted that serious problems remain such as the lack of coordination and the contradictions in the work of state regulatory bodies, too many rules and regulations and too few questions clearly regulated by legislation, insufficient protection for investors and a limited number of instruments for working on the financial market.
The government’s job is to undertake a comprehensive examination of all these questions and propose a plan in the form of legislative initiatives to the parliament at the beginning of next year.