Prime Minister of Ukraine Denys Shmyhal has said that from September 1, mass privatization should start in Ukraine.

"The President of Ukraine has set the task of launching privatization from September. To this end, the Verkhovna Rada adopted the relevant legislation. The government has developed all the bylaws. We must make this process as fast as possible," the press service of the government quoted Shmyhal as saying after a conference call with regional leaders.

At the same time, according to the prime minister, the state is launching grant programs to motivate businesses and people to create jobs as much as possible.

"Small privatization, especially in regions where people in villages and towns know objects that have been standing for years and inefficiently used, is designed to make it possible to buy these premises at a fair price and start work," he added.

According to Shmyhal, privatization will also allow expanding production for farmers.

"The Ministry of Economy said that early September, according to the schedule, auctions for silo capacities and grain factories will be announced. Market operators, seeing a shortage of capacities, will be able to take part in these tenders," the prime minister said.