REUTERS

First Deputy Prime Minister of Ukraine, Minister of Economic Development and Trade Stepan Kubiv says the ministry in 2019 plans to launch a transparent system for lease of state property at auctions via the ProZorro public e-procurement system.

"This is an area where large corruption risks are hidden. Hundreds of thousands of square meters of state property are being leased under completely non-transparent conditions. Ukraine loses hundreds of millions of hryvnias [national currency] every year as state property is being leased at non-market prices," he said at a government meeting on December 27.