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Economic Growth May be 1.5% in 2013, Missing Projections, Minister Says

The country may see economic growth of only 1.5 to 1.6 percent in 2013, failing to reach earlier projections of 1.8 percent, Economic Development Minister Alexei Ulyukayev said in Seoul on Wednesday.

"Tomorrow we will have a meeting with the prime minister on the macroeconomic situation," he said, Interfax reported. "It is very likely that the year's results will be worse than the predicted figure."

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