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Putin approves 2010 privatization program

Tags: privatization, Business, Russia, News
 
Dec 9, 2009 13:17 Moscow Time
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Prime Minister of Russia Vladimir Putin has approved a program of federal property privatization for 2010 and outlined major privatization-related issues for 2011 and 2012. The program stipulates privatization of federal state-run unitary companies. Some 250 state-owned companies are expected to be privatized next year. Experts say privatization will bring 18 billion roubles into the federal budget, and 6 and 5 billion roubles in 2011 and 2012 respectively.

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