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Russia has assets for privatization to offset tax hike — Sber CEO

The 26th St. Petersburg International Economic Forum (SPIEF) - Russia’s showcase annual economic and business event - is being held on June 14-17

ST. PETERSBURG, June 16. /TASS/. Russia has enough assets for privatization to offset an increase in taxes, Chief Executive Officer of Sber Herman Gref told reporters on the sidelines of the St. Petersburg International Economic Forum (SPIEF).

"There are enough assets that may be privatized to offset a potential increase in taxes," he said.

The 26th St. Petersburg International Economic Forum (SPIEF) - Russia’s showcase annual economic and business event - is being held on June 14-17. 'Sovereign Development as the Basis of a Just World: Joining Forces for Future Generations' is theme of this year’s forum. TASS is the official information partner of the event.

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