Ukraine will launch large-scale privatization through online auctions in July.

According to Deputy Minister of Economy Oleksiy Sobolev, large-scale privatization efforts through the Prozorro.Sales online auction platform will be launched soon. The Ministry of Economy expects the Cabinet of Ministers to make relevant decisions at the beginning of July. Sobolev noted that the Ministry of Economy and the government continue to work on reforms to achieve economic stability, including the launch of large-scale privatization.

Adopting the changes initiated by the Ministry of Economy will be the last important legislative step for the launch of large-scale privatization in the state electronic auction system Prozorro.Sales. The sale of large-scale privatization objects will significantly increase revenues to the state budget, the deputy minister added.