Minister says Russia to be more careful with privatization in 2018 - Politics & Economy - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Minister says Russia to be more careful with privatization in 2018

MOSCOW, Feb 7 (PRIME) -- The Russian government will be more cautious with privatization in 2018 because there is no longer a need to cover budget deficit, Economic Development Minister Maxim Oreshkin said in a speech before legislators on Wednesday.

УWe do not have an urgent task to finance budget gaps any longer. We will have budget surplus this year. This is why privatization today is an instrument to boost competition and a possibility for strategic development of some assets,Ф Oreshkin said.

The budget envisages a 13 billion ruble privatization income in 2018.

(57.2196 rubles Ц U.S. $1)

End

07.02.2018 14:04
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 76.1848 +0.1272 18 aug
USD 66.8757 -0.0175 18 aug
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1052.74 -1.29 18:50 17 aug
micex 2255.12 -0.26 18:50 17 aug
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 141.01 +0.09 18:48 17 aug
lkoh 4375.00 -0.48 18:47 17 aug
rosn 425.80 +0.83 18:47 17 aug
sber 189.55 -1.07 18:49 17 aug
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 76.8850 +0.6400 14:59 17 aug
USDTD 67.5000 +0.7700 17:44 17 aug