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2017 privatization plan to be reviewed further — First Deputy PM Shuvalov

Privatization plans for this year contain only sale of a 19.5% stake in Rosneft, First Deputy Prime Minister Igor Shuvalov said

Russia’s First Deputy Prime Minister Igor Shuvalov Alexei Druzhinin/Russian Presidential Press and Information Office/TASS

Russia’s First Deputy Prime Minister Igor Shuvalov

© Alexei Druzhinin/Russian Presidential Press and Information Office/TASS

SINGAPORE, November 25. /TASS/. The 2017 privatization plan received by the government contains a lot of differing points of view and it is premature to speak about its implementation, First Deputy Prime Minister Igor Shuvalov told reporters on Friday.

"The document was presented to the government only with a variety of opinions. We will continue reviewing it; it’s premature to speak about the 2017 privatization plan now," Shuvalov said.

Privatization plans for this year contain only sale of a 19.5% stake in Rosneft, the official said. The deal is expected to be closed by 2016 year-end.

The Russian Finance Ministry provided for 138 bln rubles ($2.2 bln) of privatization revenues in the budget for 2017.

Shuvalov also commented on the information reported by some Russian media sources about the merger of the Finance Ministry and Economic Development Ministry following presidential elections in 2018

"I am not informed about it," he said.

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