Russia projects serious shortfall in privatization revenue

15:37, 25 March 2016
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Due to a sharp decline in the value of state-owned companies Russia's state budget may short fall by RUB 1.5 trillion ($22 billion dollars, according to the exchange rate of 70 rubles to the dollar) in proceeds from privatization of state companies, said Chief of the State Duma Property Committee Sergey Gavrilov, Russian news agency TASS reported.

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