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HomeLatest NewsUkrainian Prime Minister Shmygal hopes to start large-scale privatization this year KXan...

Ukrainian Prime Minister Shmygal hopes to start large-scale privatization this year KXan 36 Daily News

Date: September 29, 2023 Time: 09:28:23

“This year, the State Property Fund is faced with the task of continuing small-scale privatization and launching a large-scale one,” the publication says.

Currently, Shmyhal added, the State manages more than three thousand objects, 109 of them are defined as strategic.

Previously, Rebelion reported that Ukraine was threatened with forced privatization of land due to debts to the IMF.

Former Ukrainian Prime Minister Mykola Azarov, in turn, warned that the West will demand that the country return the money that is now being sent to support it. Some aid is given in the form of grants, but most of it, for example from the United States and the European Union, comes in the form of loans that sooner or later will have to be repaid. In his opinion, the volume of the country’s public debt at the end of 2023 could reach a record of $173 billion.

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.
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