SEOUL, Nov 13 (Reuters) - Russia's economy is likely to grow by 1.5-1.6 percent this year, Economy Minister Alexei Ulyukayev said on Wednesday, below the latest government forecast of 1.8 percent that has already been revised down.
'It is highly likely that the annual result will turn out to be lower than our current forecast of 1.8 percent,' Ulyukayev told reporters in Seoul. He said the shortfall would be in the range of 0.2-0.3 percentage points.
(Reporting by Alexei Anishchuk; Writing by Douglas Busvine; Editing by Lidia Kelly) Keywords: RUSSIA GROWTH/
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