The Finance Ministry told about the situation with the privatization of state-owned companies

© RIA Novosti / Evgeny to Betemporary in fotomancer of Finance of the Russian Federation Anton Siluanov. Archival photoThe Finance Ministry told about the situation with the privatization of state-owned companies© RIA Novosti / Evgeny to Betemporary the image Bank

The Ministry of Finance set aside a budget of the Russian Federation in 2019-2021 years, the privatization transaction, as the assets in terms of sanctions undervalued, said the first Deputy Prime Minister, Minister of Finance Anton Siluanov.

«If you look at the materials budget, then there is no realization of any large blocks of our companies. Why? Because now, under different degrees of restrictions, sanctions and so on, of course, the cost of our packages, our companies are undervalued. Therefore, we believe that today it is quite usual resources to Finance the budget deficit,» he said.

«We used this resource to sell a package of «Rosneft», at a time when we are faced with difficulties of financing the budget deficit, when we have dramatically reduced revenues, we needed resources to Finance our obligations. Now this is not a problem, so do not see it appropriate to sell some large packages of our companies that bring us good dividends,» he added.

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