The Success of the State Program

by Olha Povaliaieva
Thursday, January 6, 2022
The Success of the State Program

“Big Privation” added $185 million to the Ukrainian treasury

Since 2014, this income level from the privatization of state" rel="dofollow">property has been the highest. Annually, the Ukrainian government forecasts about $400-600 million in privatization income. Usually, the amount from the implementation of privatization is in the region of $182 million, except for 2017 and 2020.

Most of the income was brought by the privatization of such objects:

  • Bolshevik plant ($54.1)
  • Kalush heat and power plant ($29 million);
  • Lviv correctional colony ($14 million);
  • Odessaavinprom ($8.5 million);
  • Dunaevtsy combine of grain products ($8.2 million).

According to the head of the Ministry of economy Ihor Petrashko, in 2020, the budget received 90 million from large and small privatization instead of the planned 400.

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