Russia should carry out in full its plan to sell stakes in state-owned companies, President Dmitry Medvedev said Tuesday.
Russia
should carry out in full its plan to sell stakes in state-owned companies,
President Dmitry Medvedev said Tuesday.
Announced in the summer of 2010,
Russia
's
privatization drive is slated to sell $34 billion in state-owned companies by
2014, a step that Medvedev has said is key to reducing state control of the
economy and improving corporate governance.
"The government should gather its courage and fully carry out its
privatization plan," Medvedev told a meeting of government experts. "If
the government doesn't do that, it means that there will be no
privatization."
President-elect Vladimir Putin is expected to announce an even broader
state-assets sale plan sometime next month, after he starts his third
presidential term, a top official said Monday.
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