The crisis has suspended the privatization in Russia.

Due to the global financial crisis Rosimuschestvo stop conducting public sales of state assets through privatization. The statement was made by the head office Yuri Petrov, RIA News. According to Smith, the demand for assets in the secondary trades fell, so the state property could be sold for a pittance.
Head Rosimuschestva stressed that such a decision has not he, as Minister of Economic Development Elvira Nabiullina.
In mid-2008, it was reported that the state plans to obtain from the privatization of federal property in 2009, 12 billion rubles. However, in private hands should go public stakes in 324 joint stock companies. In addition, the Government was committed to sales and then to privatize 239 FGUPov. In 2008, revenues were up to 12 billion rubles.
Petrov also said that on the basis of 2008, the government may decide to lower the volume of dividends goskompany. This could lead to a reduction in revenues from the activities of the organizations with the participation of the state. According to Smith, in 2008, the proceeds of such dividend should amount to about 80 million dollars.