14 billion from privatization in 5 years

Results of small privatization: UAH 14 billion to the budget

Institute for Economic Leadership

5 years of small privatization brought almost 14 billion hryvnias to the budget
 
During the implementation of the reform, almost 5 thousand successful privatization auctions took place. As a result, UAH 9.8 billion was raised from the sale of objects by the State Property Fund through online auctions, and UAH 3.8 billion as a result of the privatization auctions announced by communities.
 
More than 9,000 participants – representatives of small, medium and large businesses – took part in the bidding for the right to purchase state or communal services.
 
Small privatization opened the possibility for businesses to freely and transparently buy assets from the state that were not used or were unprofitable.
 
Thanks to this, businesses can modernize or adjust production, create new jobs and contribute to the growth of the Ukrainian economy.

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IEL NGO

Recipient Code:
42823648

Recipient Account in IBAN Format:
UA133052990000026005006804156