2013 privatization plan of Kabardino-Balkaria ruined

The budget of Kabardino-Balkaria earned only 7% of the sum it planned to make from privatization in 2013, Interfax reports.

The region planned to make 487 million rubles (337 million rubles from sales of state shares and f=150 million rubles from property sales).

Only to packages of shares and a property asset were sold for a total of 34,358,200 rubles. 10,827,700 rubles were received from sales of shares and 23,530,500 from sales of real estate.

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