Russia was capable of realizing rapid revival in its economic and financial sectors, said Prime Minister Vladimir Putin on Thursday.

Such capability has been demonstrated by the country after weathering through a hard time, said Putin when meeting Head of the Federal Financial Markets Service Vladimir Milovidov.

According to the Russian government website, Putin took Russia' s main stock exchanges as an example, which took leading jumps among major indexes all over the world in 2009.

The solid gains of the major indexes should be attributed to the improvement of both global and domestic economic situations, as well as efforts from the Russian government, said Putin.

One achievement in beefing up financial market regulations was the coming into effect of three laws on derivatives, securities and financial irregularities, said Putin.

Improving financial market infrastructure and cracking down on market manipulation and insider information profiting would be this year's main tasks for the Federal Financial Markets Service, said Milovidov.

Relevant administrations were currently working on legislative work to intensify strikes on irregularities in order to standardize financial market order, said Milovidov.

(Xinhua News Agency January 29, 2010)