The time has come for a more efficient execution of investment policies in all natural monopolies, Russian Prime Minister Mikhail Kasyanov said while opening a cabinet session on Wednesday. The Cabinet of Ministers is considering an investment programme sponsored by the Railways Ministry. According to the Premier, a stress in this issue is laid on the improvement of management of property which is mostly controlled by the government and on a simultaneous reduction in costs, mainly non-manufacturing ones. "It's crucial to analyse the spending of tax-payers' money," Kasyanov said.
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