Rada paves way for signing privatization bill into law

Only 11 lawmakers voted in favor of the draft of 321 MPs registered in the session hall, an UNIAN correspondent reported.

As stated in the explanatory note to the draft resolution of non-factional MPs from the All-Ukrainian Union Svoboda, the adoption of the draft law saw "a gross violation of constitutional requirements and Regulations of the Verkhovna Rada on the lawmaking procedure."

After rejecting the draft resolution, a parliament chair is greenlighted to sign the draft law and forward it to the president.

Read alsoPoroshenko after talks with Lagarde: Ukraine confirms readiness to continue cooperation with IMF (Video)As UNIAN reported earlier, on November 9, 2017, the Verkhovna Rada adopted in the first reading a draft law on the privatization of state property, necessary in the framework of Ukraine's cooperation with its key lender, the International Monetary Fund, and other international partners.

On January 18, the parliament passed the bill as a whole in its second reading.

The State Property Fund together with the Ministry of Economic Development and Trade has developed a draft law on privatization, which provides for the sale of small-scale facilities via electronic platforms, such as ProZorro.Sales.