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Ukraine to postpone plans to sell state assets until market rebounds
Journal Staff Report

KIEV, July 15 – Ukraine will postpone plans to sell state assets to bridge its budget gap until the market rebounds and valuations of the assets increase, Prime Minister Mykola Azarov said Thursday.

Ukraine planned to raise at least 10 billion hryvnias, or $1.25 billion, from selling state telecommunications and power assets in 2010.

“You know, I have never insisted on the privatization over the past four months,” Azarov said. “We managed without this money, and I think will continue to manage without it.”




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Currencies (in hryvnias)
  28.03.2024 prev
USD 39.23 39.14
RUR 0.425 0.422
EUR 42.44 42.44

Stock Market
  27.03.2024 prev
PFTS 507.0 507.0
source: PFTS

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