Ukraine planned to collect UAH 17.1 bln from privatization in 2016 / Photo from UNIAN
Budget revenues from privatization in Ukraine amounted to UAH 188.9 million of the UAH 17.1 billion planned in 2016, according to a report by Ukraine's State Property Fund (SPF).
The actual amount received in 2016 was 24.8% up on 2015, it said.
Earlier in December, the Fund planned to transfer as much as UAH 331 million to the budget from privatization in 2016. However, not all buyers had paid for privatized facilities in full yet, the SPF's press service said.
Read alsoPrivatization failure of 2016. Is Ukraine ready to draw conclusions?The SPF says its central and regional administrations in 2016 sold 139 facilities of state-owned property (19 in December alone) and 406 facilities of municipally owned property (137 in December).
As UNIAN reported earlier, the SPF was expected to collect UAH 17.1 billion in privatization revenues in 2016, which had to be sent to the national budget in keeping with the Budget Code. However, large-scale privatization in 2016 failed due to the fact that a tender to sell the Odesa Portside Chemical Plant had not been held. None of investors submitted an application for the tender with the starting price set at UAH 5.16 billion.
The SPF also rescheduled the privatization of major energy facilities for 2017.
Budget revenues from privatization in 2015 amounted to UAH 151.5 million, which is 66.7% down on 2014.