Finance Ministry says UAH 5 bln to national budget 2020 for privatization realistic
Finance Ministry has reduced an amount of national budget receipts from privatization to UAH 5 billion for 2020 against UAH 17 billion expected in 2019.
"Forecast of financing of the national budget 2020 due to state property privatization payments brought to really probable UAH 5 billion, judging by preparation of the facilities," reads a press release from the ministry.
During a press briefing on Sunday, Ukrainian Prime Minister Oleksiy Honcharuk said that soon the leadership of State Property Fund to be renewed and the new one should present their forecasts concerning privatization within two weeks.
As reported, Ukraine's Finance Ministry expected UAH 17 billion of payments to the national budget from privatization for 2019, however the implementation of this revenue item is extremely low due to blocked tenders of big privatization. In 2018, instead of the planned UAH 21.3 billion from privatization, the state budget received only revenues from small privatization in the amount of UAH 202.9 million.
Advertising
Advertising
MORE ABOUT
Ministry of Finance refuses to equalize tax capacity of communities in 2025 based on population size
19:43, 16.04.2024
State Property Fund sets starting price for privatization of Ocean Plaza shopping center at UAH 1.65 bln
20:00, 12.04.2024
Ukraine expects receipt of $1.5 bln under World Bank's DPO by late March – Ministry of Finance
11:16, 27.03.2024
Ukraine, under IMF program, by June will appoint intl consultant to prepare Ukrgasbank and Sense Bank for sale
20:57, 25.03.2024
Biden requesting $1.5 bln from Congress for 2025 fiscal year to combat Russia’s influence
19:50, 11.03.2024
LATEST
Almost three-quarters of employers feel shortage of staff, plan to increase wages in 2024 – EBA survey
20:59, 25.04.2024
Metinvest's Pokrovske mine extracts 1.2 mln tonnes of coking coal in Q1, plan for 2024 is 5.35 mln tonnes
20:07, 25.04.2024
Chornomorsk port resumes shipment of agricultural products for export
19:08, 25.04.2024
Ukrainians working abroad to be assigned with pensions taking into account their insurance experience there – Social Policy Ministry
16:24, 25.04.2024
Concorde Capital to carry out large-scale reconstruction of Kyiv bus station