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SPF head sees no state assets to sell to cover 2007 budget deficit
Journal Staff Report

KIEV, July 26 ??“ Head of the State Property Fund of Ukraine (SPF) Valentyna Semeniuk says that covering the 2007 budget deficit of 2% of GDP, or UAH 11.5 billion, with privatization revenues is unrealistic, due to the lack of facilities for sale.

"There is virtually nothing to privatize, that is why this point should be reconsidered and the proposals of the SPF must be taken into consideration, where we say that there are other sources for filling the budget," Semeniuk reported during the hearing of budget resolution in the Verkhovna Rada on Monday.




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