Privatization in Ukraine might bring close to UAH 1B.

 By the end of 2022, Ukraine can raise as much as UAH 1 B from privatization, reported Ukrinform. According to government official Oleksiy Movchan, Ukraine’s budget can count on no more than UAH 1B from privatization this year. Currently, the State Property Fund has prepared many objects for privatization. The Ukrainian government is working on a new law that will allow the acceleration of privatization processes in Ukraine. The draft law creates conditions for the acceleration of privatization processes in Ukraine, simplifies the measures taken to prepare for the privatization and sale of state and communal property both during martial law and peacetime, and makes it impossible to privatize large-scale privatization objects during martial law, and accelerates obtaining and reissuing permits and licenses for owners of privatized entities.