Ukraine has no plans to privatize strategic assets within the framework of the continuation of the reform program, approved by the key creditor of the country, the International Monetary Fund, since it did not put forward such a demand, the Cabinet of Ministers of Ukraine wrote on Twitter.
”In the agreements with the IMF, there are no new obligations for privatization of SOEs except those which were previously set up for sale by the State Property Fund,” the report says.
Earlier, the government denied the information about the plans for complete abolition of the simplified taxation system, increasing the retirement age and the immediate introduction of a land market, noting that the IMF did not put forward such requirements to Ukraine. The government stressed that by the end of the year, Ukraine would have to provide the IMF with a model of pension reform, which should begin in 2017, a model of the launch of the land market, a model of tax changes, including the abolition of the special VAT regime for agribusiness, and a simplified taxation system for legal entities. The making of such model should involve wide public discussion, the Cabinet said.
As UNIAN reported earlier, the International Monetary Fund late on September 14 announced the completion of the second review of the four-year program of cooperation with Ukraine, adopted in March 2015, and decided to allocate the third loan tranche of $1 billion.
The total amount of funds already allocated amounts to $7.62 billion of total lending target of $17.5 billion. The decision on the allocation of funds was made after more than a year break in relations between Ukraine and the IMF.
Ukraine expects to obtain another loan tranche within the Extended Fund Facility in the amount of $1.3 billion by the end of the year.
In early September, the Cabinet of Ministers of Ukraine published a list of companies to be privatized in 2016-2017, including more than 10 sea and river trade ports, some 20 coal mines, more than 10 power generating and energy distribution companies, as well as the United Mining and Chemical Company, Electrotyazhmash, Odesa Portside Chemical Plant, Sumykhimprom, and Turboatom.
