The Government is gearing up to submit to the Parliament a
package of draft laws enabling to trigger massive privatization aimed to
leverage new investment flows and boost the economy. This was stated by Prime
Minister of Ukraine Volodymyr Groysman on air of 24 Channel.
"I need a package of efficient solutions. We are preparing
with a team of the Ministry of Economic Development and Trade, a team of the
Secretariat of the Cabinet of Ministers, Reforms
Delivery Office under
the Prime Minister laws
allowing us to sell objects [of state ownership] through the ProZorro”, said Volodymyr Groysman. “We will, together with
a package of crucial reforms, offer also amendments to the law on
privatization. I would like till the end [of the sixth session of the Verkhovna
Rada of Ukraine of VIII convocation) to submit to the Parliament, and even to
have something voted."
He stressed that in case of the decisions approval "the
year of 2017 will be a breakthrough" in terms of launching privatization
process. He added that in Ukraine there are enumerated about 3.5 thousand
companies, half of which are in default, and only 30% are profitable, while the
rest "being plagued".
"Over the past decade, inefficient state-owned
enterprises have inflicted damage to the tune of UAH 82. It's a disaster. They must
be sold through competition. Open sale of ineffectively used state-owned
enterprises, while strategic enterprises should remain in ownership of the
State. It is possible to manage hundreds, but it’s unreal to manage thousands
[enterprises]", said Volodymyr Groysman.
The Prime Minister also considers it necessary to hire
advisors – specialists of global frame who are capable to ensure preparation of
any object for privatization in such a way that the state could get the highest
"Why is this tender necessary? This means new
investment in the economy, new jobs, a competitive
Ukrainian product. This is what I strive for. This means economic growth. It is
complete modernization of the country, it is renewal of the country, it is
major overhaul of the country, it means pensions for Ukrainian seniors, and
wages for Ukrainian citizens", underscored Volodymyr Groysman.