Russia will resume the privatization of

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Privatization in Russia will be resumed in the near future, the first transaction can take place in the fall. This was during an online conference, said Deputy Finance Minister Alexei Moiseev, reports Reuters.

The official pointed that the agreements are already being prepared, but refused to disclose both the company and any details of transactions. While it is responsible for the activities of the Federal property management Agency after it was transferred to the Ministry of Finance.

According to Moses, in February, when the translation took place, he believed that privatization and the decrease in the state share in the economy will last for 20 years, but the epidemic of the coronavirus may accelerate the process. “It seems that we return to the paradigm of privatization and the sale of shares on the market as soon as the stock markets open”, — he explained.

In the beginning of the epidemic of coronavirus in Russia the Federation of independent trade unions of Russia (FNPR) has proposed to start in the country the nationalization of major enterprises and temporarily ban them new privatization.

The privatization plan, the Russian government headed by Dmitry Medvedev approved in early January. It was assumed that he will bring in 3.6 billion each year.

Video, photo All from Russia.

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