MOSCOW. April 24 (Interfax) - The Russian government has no plans to step up the pace of privatizations during the crisis, First Deputy Prime Minister Igor Shuvalov said at a joint meeting of officials from the General Prosecutor's Office and the Economic Development Ministry on Friday.

"We should not accelerate the pace of privatization right now as we have other sources for financing the budget and compensating declining revenue," Shuvalov said.

The situation now is different than it was years ago, when privatization was a key source of budget financing.

"The privatization deals that we will conclude now must be well thought out and must be fiscally effective and effective from the standpoint of the growth of business growth," he said. Occasionally the government will decide to go ahead with a privatization at the expense of the fiscal aspect if it is seen as providing additional impetus for growth of the organization's business, he said.

Shuvalov noted that the interests of the Economic Development Ministry and other government agencies often clash in carrying out the forecast privatization plan. "The Economic Development Ministry prepares the plan and the agencies in that sector often resist the actual sale [of the state property]. We need to create regulations so that in preparing the [privatization] decision, the procedures operate automatically," he said.