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    RUSSIAN PROPERTY MINISTER REPORTS TO PRESIDENT ON PLANS TO INCREASE REVENUES FROM STATE PROPERTY MANAGEMENT BY 30%

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    MOSCOW, January 29 (RIA Novosti) - Russian property minister Farit Gazizullin reported to the Russian president on the plans to increase revenues from state property management by 30%.

    Last year the ministry directed to the budget revenues from state property management in the amount of 136 billion rubles (about $4.8 billion). This year it is planned to increase revenues by 30%, said Gazizullin during a meeting with Vladimir Putin on Thursday.

    There are plans to improve the activity of 8,200 unitary enterprises, noted Gazizullin. For this, their activity in such directions as production costs and the rational use of state property is being studied, said the minister.

    "This work is important because it forms a system of state property management," stressed Gazizullin.

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