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An X-ray of the ‘small’ privatizations shows that in the first 90 days, 62% of purchases were for real estate and 40% were in Lviv region

An X-ray of the ‘small’ privatizations shows that in the first 90 days, 62% of purchases were for real estate and 40% were in Lviv region

An X-ray of the ‘small’ privatizations shows that in the first 90 days, 62% of purchases were for real estate and 40% were in Lviv region. On average, there were two bidders for each state owned property and the final sale price was double the initial asking price The Cabinet of Ministers reports that auctions through ProZorro have netted the treasury $14.5 million. Privatizations have far greater economic impacts as they unlock investment in otherwise economically dead properties.

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