NOVO-OGAREVO, March 16. /TASS/.The private business must play the key role in overcoming current problems in the Russian economy, President Vladimir Putin said on Wednesday.

The business will have to restructure logistics, find new vendors and scale up the output of products in demand, Putin said. "Keeping employment, income and salaries of citizens and support of sustainable and rhythmic operation of the economy on the whole depends on how quickly the private business will find required solutions, understand them. Therefore, we must respond to the external pressure by the maximal economic freedom and support of the business initiative," Putin said.

"I ask the government, law enforcement authorities and oversight bodies to continue work on removal of unjustified administrative and regulatory barriers," the head of state said.