The state budget received $178.216 from privatization, which is the highest income for a decade, and the number of revenues in 2020-2021 is higher than the previous seven years combined.
The chairman of the State property fund of Ukraine, Dmytro Sennichenko informed about this on his Facebook page.
"In 2021, Ukraine received a record $178 thousand from privatization! This is more than any year in the last decade. Facts and figures are stubborn, and they demonstrate a breakthrough in the Fund’s work over the past two years. Our team has secured revenues to the governmental budget from the privatization of $256.840. This is more than seven years combined," Sennichenko reported.
Among the main factors for the success of last year’s privatization campaign are the "everyone knows" principle, free access to information by potential investors, and the competitive principle during privatization auctions.
Due to high competition and openness, the average price increase at auctions is 150%. According to Sennichenko, the success of privatization in 2022 depends on several factors, including the protection of investors, the acceleration of the privatization of non-core facilities, and the support of the authorities.
Sennichenko emphasizes that concerning the prospects for 2022, there are many reasons for optimism. But for privatization to move forward, two conditions must be met:
- The government to adopt the legislative changes we have worked out;
- The government to ensure the transfer of non-strategic assets for privatization.
"By doing so, we will further protect the rights of investors in underdeveloped law enforcement and judicial system. And replenish the investment menu in the form of non-strategic non-proprietary assets for which the state must find new effective owners. By doing so, we will further protect the rights of sponsors in underdeveloped law enforcement and judicial system. As well as replenishing the investment menu in the form of non-strategic non-proprietary assets for which the state must find new efficient owners," stressed Dmytro Sennichenko.
Currently, on the list for denationalization in 2022, there are 20 alcoholic assets of state enterprise Ukrspirt and Ukrspirt concern, 15 expert-technical centers Gostrud, 6 inactive penitentiaries Ministry of justice, two agricultural-industrial complexes, and two winemaking facilities.
