‘Big Privatization’ starts this month with the goal of raising almost half a billion dollars for the Treasury by the end of this year,
Prime Minister Shmygal writes on Telegram. This would be more than five times the $83 million raised last year. Shmygal instructed the Economy Ministry and the State Property Fund to draw up by the end of August the priority list for big state companies to be sold in 2022 and 2023. ‘Big Privatization’ describes auctions of state companies expected to sell for more than $10 million.