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Kremlin: Putin to Hold Midnight Economic Meeting to 'Synchronize Watches'

© Sputnik / Aleksey Nikolskyi / Go to the mediabankPresident Vladimir Putin at a meeting of the State Council
President Vladimir Putin at a meeting of the State Council - Sputnik International
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Russian President Vladimir Putin will discuss later on Thursday the economic situation in the country with a tight circle of economic officials in the Cabinet of Ministers, Kremlin spokesman Dmitry Peskov said.

The seal of the International Monetary Fund is seen at the headquarters building in Washington, DC on July 5, 2015 - Sputnik International
IMF: Russian Economy’s Contraction to Slow Down
MOSCOW (Sputnik) — The Russian economy is experiencing a slowdown caused by a sharp decline in global oil prices and, to a lesser extent, by Western sanctions imposed on Moscow.

"Afterwards, the president will probably meet with the heads of the economic block of the country in a tight circle to synchronize their watches on current economic issues, but this will most likely be around midnight," Peskov told journalists.

On February 2, Russian Economic Development Minister Alexei Ulyukayev said the country’s economy might see renewed growth in 2016.

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