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Feb 17, 2021
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Putin declared unacceptable privatization for the sake of privatization

Russian President Vladimir Putin said that privatization in itself for the sake of privatization is unacceptable, it should be beneficial to the economy, RIA Novosti reports.

During the conversation with the heads of the factions of the State Duma of the Russian Federation, the head of state noted that he knew that the communists were worried about issues related to privatization.

According to Putin, privatization in itself, for the sake of privatization, is unacceptable today. The President said that it should be beneficial for the economy and improve its structure. Any step in this direction should create a more effective owner.

Earlier, Russian Finance Minister Anton Siluanov said that no major privatization is planned in 2021. The minister noted that the privatization scheme for transactions will be similar to that carried out in the Sovcomflot company, where the state reduced its share so that the money would work inside, and not be attracted to the budget.

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