December 24, 2017 / 7:39 PM / a year ago

Russian finance minister sees economy growing 1.8-2 percent in 2017: Ifax

FILE PHOTO: Russian Finance Minister Anton Siluanov attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia, June 2, 2017. REUTERS/Sergei Karpukhin/File Photo

MOSCOW (Reuters) - Russia’s economy is expected to grow between 1.8 and 2 percent this year, Russian Finance Minister Anton Siluanov was quoted as saying by Interfax news agency on Sunday.

Russia’s gross domestic product contracted by 0.2 percent in 2016. Authorities had said growth could reach 2 percent this year, later adding it could top 2 percent.

Reporting by Katya Golubkova

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