Skip to content
Edit post

PM: Ukraine to resume large-scale privatization

by The Kyiv Independent news desk March 25, 2023 6:43 PM 1 min read
This audio is created with AI assistance

Support independent journalism in Ukraine. Join us in this fight.

Become a member Support us just once

The Ukrainian government is resuming large-scale privatization, Prime Minister Denys Shmyhal said on March 25.

Shmyhal said the government’s strategy is to minimize the state's economic share while maintaining state control in strategic and security industries.

The State Property Fund is tasked to implement the Organization for Economic Co-operation and Development principles in managing state-owned enterprises.

“We are continuing small-scale privatization and resuming large-scale privatization," Shmyhal said.

"We are transferring most state-owned enterprises to the management of the State Property Fund. We are developing a strategy for managing enterprises confiscated from sanctioned persons.”

In 2022, privatization carried $46 million (Hr 1.7 billion) to Ukraine’s budget, according to the government.

PM Shmyhal: Ukraine plans to join EU within 2 years
Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

News Feed

Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
8:30 PM

Shmyhal, Duda meet in Warsaw.

Prime Minister Denys Shmyhal met with Polish President Andrzej Duda on March 28, as part of his official visit to Warsaw.
7:38 PM

Zelensky, Speaker Johnson hold call.

President Volodymyr Zelensky and U.S. House of Representatives Speaker Mike Johnson held a phone call on March 28, Zelensky announced on social media.
4:50 PM

Ukraine, Poland ready to conclude agreement on joint border control.

In the document published following the talks, the parties "confirmed their readiness to conclude an Agreement on providing control at joint border checkpoints and cooperation of control bodies" and, once approved by the European Commission, "to launch logistical data exchange at selected road border crossing points."
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.