Архiв

Cabinet not counting on big privatization revenues in 2011 - 2013

The Ukrainian government predicts a gain of UAH 600 - 800 million (UAH 8.0 / USD 1) from privatization in 2011 - 2013, reads the Cabinet of Ministers' resolution on forecast indicators of Ukraine's consolidated budget.

"In the post-crisis period, privatization processes will not have a large scale, due to which revenues from privatization in 2011 - 2013 are expected in a rather small volume," the resolution says.

To secure fulfillment of budget revenue sides, the government envisages shift of accents from direct to indirect taxes. During the first eight months of the year, the State Property Fund transferred to the national budget a total of UAH 583.115 million.