These include a decrease in demand for investment in export sectors, a reduction in the own funds of enterprises, as well as an increase in the overall uncertainty in the economy.

“The answer to these challenges should be to strengthen the role of the state as an “investor of last resort,” Interfax quoted Reshetnikov as saying at a meeting between President Vladimir Putin and members of the government.

Earlier, the Minister of Economic Development said that the process of adapting the Russian economy to new conditions is going faster than expected.