FACTBOX: Putin names five steps to change national economic structure

ST. PETERSBURG, June 20. /TASS/. Russian President Vladimir Putin named five steps to change the structure of the national economy when speaking at the St. Petersburg International Economic Forum (SPIEF).

TASS has collected the main points.

- Conditions should be supported to increase the economic activity of citizens, so that the youth and the senior people are able to realize their potential in the labor market and develop their careers.

- The government has prepared a package of changes incentivizing the business to create modern and attractive jobs.

- The new quality of the investment climate is the goal, specifically the dramatic minimization of business costs in all spheres, from construction to accounting and notarial support.