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You're reading: Ukraine set to privatise hundreds of state firms
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Ukrainian Economy Minister Petro Poroshenko said this week the government planned to remove about 1,200 enterprises from the list of strategic assets that cannot be privatised, Ukrainian media reported, but did not name any.

According to Kommersant, the draft law lifts the ban on privatising numerous coal mines, oil and gas pipelines, grain silos and other industrial assets.

The sell-off could provide extra budget revenues for the cash-strapped former Soviet republic and also harks back to 1990s moves that freed up business and drove development of the European Union’s eastern member states.

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