PRIVATIZATION SLOWING DOWN.

Publication: Monitor Volume: 1 Issue: 16

The second stage of privatization,announced earlier this year, is proceeding “more slowly” than the first, Moscowradio reported May 18. The station said that low share prices were to blame, andnoted that the latest round of privatization had not yet brought the state the incomegovernment authorities had expected.

Chechen War Busts The Budget.