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Mikhail Mishustin

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Mikhail Mishustin
Selling strategic port due to budget deficit
26.05.2026 - 16:25 633 viewed
Russia Moves to Sell Strategic Port as Budget Deficit Hits Record Levels

Privatization of Novorossiysk Commercial Sea Port Shares Russia is preparing to privatize a 20% stake in the Novorossiysk Commercial Sea Port (NCSP) to address a budget shortfall that, between January and April 2026, has already reached nearly 6 trillion rubles—far exceeding the annual target of 3....

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