KIEV, Dec. 20 – Revenues to Ukraine's national budget from the privatization and state-owned property management in 2011-2014 will come to up to UAH 70 billion.

The government expects the said results from the approval of a privatization program for 2011-2014, which was passed by the Verkhovna Rada, Ukraine's parliament, at first reading on Tuesday.

After the program is compete, the share of the state sector in the economy will fall to 25-30% of GDP (in 2010 the share was assessed at 37% by the State Property Fund of Ukraine).