Russian Finance Ministry urges selling governmental stakes in state companies
Russian Finance Ministry urges selling governmental stakes in state companies
01:01, July 27, 2010 
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Russia's Finance Ministry has proposed selling stakes in state companies to raise money for the state coffers, the RIA Novosti news agency reported Monday.
"The ministry proposes selling some state-owned shares in 10 state companies and banks, but preserving control over them," RIA Novosti quoted an official from the ministry as saying.
The move is expected to raise 883.5 billion rubles (about 29.5 billion U.S. dollars) in 2011-2013.
The government so far has made no decision on the Finance Ministry' s suggestions, the report said.
Source: Xinhua
"The ministry proposes selling some state-owned shares in 10 state companies and banks, but preserving control over them," RIA Novosti quoted an official from the ministry as saying.
The move is expected to raise 883.5 billion rubles (about 29.5 billion U.S. dollars) in 2011-2013.
The government so far has made no decision on the Finance Ministry' s suggestions, the report said.
Source: Xinhua
（Editor：张茜）
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