State budget may raise 17 bln following privatization

The state budget should raise UAH 17 billion following privatization of the state-owned enterprises.

Advisor to the Economic Development and Trade Minister of Ukraine Adomas Auditskas said this to reporters on Thursday, an Ukrinform correspondent reported.

"The state budget is to raise UAH 17 billion following privatization," Auditskas said.

The advisor to the minister also added that it remained unclear what state-owned enterprises would be privatized before the end of the year.

As a reminder, 1,832 state-owned companies now function in Ukraine, 1,500 of them are in liquidation.

By Ukrinform