Ukraine's economy ministry to launch transparent system for state property lease in 2019

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.