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Russia Aims to Sell State-Seized Assets in 2025
(MENAFN) Russian authorities aim to sell at least 100 billion rubles (USD1.22 billion) value of state-seized assets in 2025, as revealed by Finance Minister Anton Siluanov on Tuesday, based on a state news agency.
Siluanov stated that the government intends to "intensify the privatization of property coming into the Treasury," during a talk of Russia’s federal Agency for State Property Management.
Furthermore, Siluanov mentioned that in 2025, the government aims to secure over USD4.9 billion in dividends. However, he did not provide specific details on how the funds from privatization would be used.
He also highlighted that "new development strategies for state-owned companies will have to be approved to increase their involvement in achieving national goals."
In addition, the news agency reported that the Finance Ministry has added 59 new items to the list of federal property, which will be privatized outside the forecast plan.
The ministry confirmed that it has "again supplemented (59 positions) the list of federal property, the privatization of which is carried out without inclusion in the forecast plan (program) of privatization for the planning period 2025-2027."
Siluanov stated that the government intends to "intensify the privatization of property coming into the Treasury," during a talk of Russia’s federal Agency for State Property Management.
Furthermore, Siluanov mentioned that in 2025, the government aims to secure over USD4.9 billion in dividends. However, he did not provide specific details on how the funds from privatization would be used.
He also highlighted that "new development strategies for state-owned companies will have to be approved to increase their involvement in achieving national goals."
In addition, the news agency reported that the Finance Ministry has added 59 new items to the list of federal property, which will be privatized outside the forecast plan.
The ministry confirmed that it has "again supplemented (59 positions) the list of federal property, the privatization of which is carried out without inclusion in the forecast plan (program) of privatization for the planning period 2025-2027."
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