Belarus hopes to raise about $1 billion in privatization proceeds this year, a similar amount to 2009, as it pursues economic reforms, a senior government minister said Wednesday.
Andrei Kobyakov, deputy prime minister in charge of the economy, said, however, that the aim of privatization was not primarily to raise funds for the state.
“We regard privatization as a means of making our public assets more efficient,” he said, speaking through an interpreter.
(Reuters)
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