Kabardino-Balkaria plans to start privatization and earn over 200
million rubles, the press-service of the republic’s president said.
9 packages of shares, a share of the charter capital of a limited
liability company and 78 real estate units will be privatized.
The Minister for State Property Administration and Land Resources of
Kabardino-Balkaria, Khabdulsalam Ligidov, said that they expect to
make 230 million rubles, including 200 million from sales of assets,
property complexes and real estate and 30 million from sales of
packages of shares of charter capitals.
The republic is currently holding inventory reconciliation of state property.
Kabardino-Balkaria passed the budget for 2011 in December 2010. Income
is planned at 20.285 billion rubles, expenditure at 21.554 billion,
with a deficit of 1.269 billion.
Amendments to the budget were introduced in late June. Income was set
at 21.567 billion, expenditure at 23.062 billion, with a deficit of
1.495 billion.
