The Government of Valdimir Putin is preparing the sale of several public
companies that they have been reason of pride for the country during years.
Aeroflot, Alrosa or Rosneft are some of the companies that could be privatized
short term to get some extraordinary revenues. This 2016 will be the second
year of recession for Russia, a country ballasted by the collapse of the prices
of the petroleum and of the gas. The smallest derived revenues in this
phenomenon are leaving an important hole in the public finances of Russia, as
the Financial Times publishes. Also, the inflation comes closer to 13% and the
ruble is in historical minima in front of the dollar, what complicates and a
lot the performance of the authorities of Moscow, they will Recapture the
calendar of privatizations.
It is certain that Russia takes years selling small participations of state
companies, but the rhythm of privatizations had stopped in dry with the turn of
Vladimir Putin to the presidency in 2012. In Russia the privatizations are not
very seen by the society. As it publishes the British newspaper, during the
transition that crossed the Soviet Union in 1990, the politicians tried to
bring near to the country toward the capitalism with some very polemic
privatizations. A small number of people got rich after being made with an
important number of companies, creating a group of oligarchs’ that they have
always stayed this way near to the governments of the country.
But arrived to this point of the Russian economy, it seems that Putin
doesn't have left another option that to privatize several companies. The
directive of Alrosa, Rosneft, Russian Railways, the bank VTB, Aeroflot and the
biggest manufacturer in ships of the country, Sovcomflot, met this Monday with
Putin to discuss on the privatization plans.
Oleg Kouzmin, economist of Capital Renaissance, explains that there are
certain differences among the privatizations of the years 90 and the current
ones: "The first privatizations had the objective of to adjust the
economic structure and to make it more efficient. While now the intention is to
collect money, the fall of the petroleum that has crawled to the Ruble, has
become the main reason to recapture the calendar privatization’s", the
expert points out.
And it is that more than half of the Russian public budget it came from the
derived revenues of the petroleum and the gas up to 2014. The last year, with
the fall of the first matters, the public revenues fell in 43%. The situation
is complex, Moscow has already committed to clip the expense 10%, but it won't
be enough to square the public bills, for what the best sure option for the
country goes to privatize some companies, he explains the British
newspaper.
It was unavoidable, but I believe that it won't be enough this action to
save the Russian economy because the companies that are mentioned to be
privatization object are not any a company of novel character or very advanced
technology they continue based some in the clear extraction of matters cousins
that there is one like it is Alrosa that is an extractora of first maters of
high value I refer to the extraction of Diamonds, then this Rosnef that is
petroleum, Russia Railwais already tells it its name it is the Russian
railroad, bank that is practically the main one in volume and international
business of Russia bank, that it should be suffering his, the Russian official
airlines and maker of airplanes and a shipping one "the shipping one
bigger than Russia specialized in transport of gas liquefied petroleum
etc.
In summary, we are speaking of state enormous companies that should have
for logic a profitability very deteriorated by their weight and official
antiquity what took sure to be directive personnel's excessive dimensioned and
manpower very above the necessary thing that which they won't be maybe very
easy of getting a good privatization besides the difficulty of negotiating with
the Russian (in fact, already with any communist country in my professional time
was an odyssey) anyway he didn't want to analyze this topic from the economic
point of view or profitability because I am for sure in western hands they
would be it and a lot, he doesn't go the problem somewhere around but in that
Russia stops for Putin concretely possibly this is as pulling up him the molars
without anesthesia.
I take time requesting to Russia and Putin that it returns the view toward
the UE this it is the occasion, but in this occasion I should request to the
European economies that make the same and as soon as possible better power
enter in the nucleus hard of the Russian almost official industry he could open
an enormous window of business and of possibilities of getting this more
western Russia that I am claiming an and another time if this it is the road it
is necessary to take advantage of it for the good of the two European economic
nuclei the UE and the Russian republic to unite these two economies it would be
to create an enormous market and to the height of the China of the USA, of the
market Asia Pacific in serious few words to locate at Europe (continent) as the
third part of the tripod that dominated the world from this century 21 from now
on that is to say the USA, China and Asia and Europe with included Russia,
don't doubt it neither a moment.
No hay comentarios:
Publicar un comentario