KIEV, Dec. 13 – The privatization of state coal companies in 2013 will cut budget expenditures in the form of subsidies to the coal sector by UAH 4.7 billion, the Finance Ministry said on Thursday.

The ministry noted that the national budget for 2012 foresees UAH 14.6 billion in expenses to support the coal sector, including UAH 9.9 billion for the partial coverage of the cost of finished coal goods.