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Can the Kremlin be trusted on economic reforms?

By Tomas Hirst  

The government says it will sell shares in the railways... but is that the truth?

The Kremlin has announced plans to unwind around $30 billion worth of its stakes in Russian businesses in order to plug its budget deficit. Good news, you would think, for those who have campaigned against the government’s stranglehold on so-called “strategic industries” in the country. Also good news, potentially, for investors.

Reaction to the news, however, has stopped short of…

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