With no major privatizations this year, the government is cutting by 20% its 2019 privatization revenue goal, to $610 million, UNIAN reports.

With no major privatizations this year, the government is cutting by 20% its 2019 privatization revenue goal, to $610 million, UNIAN reports. So far this year, the government has received $121 million from state property sales, only 16% of the 2018 goal of $760 million. Concorde Capital’s Evgeniya Akhtyrko writes: “We view government plans to receive UAH 17 bln in privatization receipts next year as too optimistic…Presidential and parliamentary elections are scheduled for 2019, during which it will be hard to fulfill a full-scale privatization program.”