MOSCOW Dec 1 President Vladimir Putin on
Thursday said Russia's internal problems were the main reason
for the country's economic slowdown.
A lack of investment, technology, professionals, and issues
with the country's investment climate had all caused problems
for the economy, Putin said in his annual state of the nation
address in the Kremlin.
Putin said gross domestic product was on track to shrink by
0.6 percent this year. Annual inflation would fall below 6
percent and reach the central bank's target of 4 percent in
2017, he said.
(Reporting by Katya Golubkova and Christian Lowe; Writing by
Andrey Ostroukh; Editing by Andrew Osborn)