MOSCOW, March 17 Russia's deputy economy
minister warned on Monday that the country's economy is in
Speaking at a local business conference, Deputy Economy
Minister Sergei Belyakov said there are "clear signs" of the
Russian economy being in crisis.
Analysts say that the economy is set to suffer from the
continued weakness of the rouble and the fall-out from President
Vladimir Putin's stand-off with the West over Ukraine
The central bank, which revised its gross domestic product
growth forecast down in February, estimates that the economy
will expand by 1.5-1.8 percent this year.