Kabardino-Balkaria announces privatization plans for 2016

Kabardino-Balkaria announces privatization plans for 2016

The Minister of Land and Property Relations of Kabardino-Balkaria, Azret Bishan, has announced today the government's plans to replenish the budget of the republic by 230 million rubles in the framework of the state property privatization program for 2016.

"It is planned that in 2016 the national budget will receive 229 million rubles  from the privatization of state assets: 70 million of them are proceeds from the sale of blocks of shares, and another 159 million are from the sale of real estate," RIA News cites him.

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