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Privatization plugging budget holes in Russia

Emma BurrowsJuly 15, 2016

Russia's government has sold a 10.9 percent stake in its diamond miner Alrosa. It's the first in a series of privatizations planned as the government tries to plug the country's budget deficit.

Udachnaya-Diamantenmine in Sakha, Russland
Image: CC BY-SA 3.0/Stapanov Alexander
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