PRIVATIZATION TO BE SPEEDED UP.
Publication: Monitor Volume: 1 Issue: 49
Sergei Belyayev, the chairmanof the State Property Committee, told a conference in Saint Petersburgthat Moscow planned to accelerate the privatization of both enterprisesand the land they sit on, Segodnya reported July 8. Hesaid that the central authorities might use the Petersburg formula–tentimes annual rental–to set prices. In other remarks, Belyayevsaid that 3,045 enterprises would not be privatized, a slightincrease in the number announced last week.
FAPSI Takes Control of Financial Markets.