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You're reading: Parliament approves 2011-2014 privatization program
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The government expects the said results from the implementation of the privatization program for 2011-2014, which was approved by the Verkhovna Rada, Ukraine’s parliament, on Jan. 13.

According to the document, when the program is realized, the share of the state sector in the economy will fall to 25-30% of GDP (in 2010 the share was assessed at 37% by the State Property Fund of Ukraine).

The government said that privatization has been going on for 20 years in the country, so the program aims to finish it.

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