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Putin orders to change structure of economic growth in Russia

The Russian leader stressed that "it is important everywhere, in all regions of our country, to create new plants, new jobs"

© Gavriil Grigorov/Russian Presidential Press and Information Office/TASS

MOSCOW, February 7. /TASS/. Russia needs to change the structure of its economic growth and develop the economy of supply, President Vladimir Putin said at the meeting with Prime Minister Mikhail Mishustin.

"Development of the economy of supply is among critical areas. We need to change the structure of such growth. I have already said it is important everywhere, in all regions of our country, to create new plants, new jobs. And the work at such plants should be definitely based on modern principles of governance and on a new technological base," the Russian leader said.

At the same time, the economic growth rates in Russia turned out to be higher than growth rates in the United States and other developed economies, the President added.

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Kinzhal missile wipes out Patriot air defense system in Kiev — Russian Defense Ministry

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Europe at risk of ‘engaging in civilizational suicide’ — US vice president

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Belarus’s Lukashenko mentions clandestine foreign phone calls to Putin

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Trump accuses CNN, MSNBC of being corrupt, acting illegally

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