- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Yatsenyuk Calls on Washington to Purchase Ukrainian State Companies

© AFP 2023 / TOBIAS SCHWARZUkrainian Prime Minister Arseniy Yatsenyuk
Ukrainian Prime Minister Arseniy Yatsenyuk - Sputnik International
Subscribe
Ukraine’s Prime Minister wants US firms to take an active part in purchasing the country’s state assets as part of privatization campaign.

A Leopard 2 tank is pictured during a demonstration event held for the media by the German Bundeswehr in Munster near Hannover, Germany. (File) - Sputnik International
Yatsenyuk Asks Parliament to Allow Foreign Military in Ukraine
KIEV (Sputnik) – Ukraine’s Prime Minister Arseniy Yatsenyuk called on US firms Monday to take an active part in purchasing the country’s state assets as part of privatization campaign.

“The Prime Minister of Ukraine has urged US partners to actively use the investment opportunities offered by the privatization campaign in Ukraine, particularly in the energy sector,” a statement posted on Ukraine's governmental portal said.

The statement was issued after talks between Yatsenuyk and US Senator Dick Durbin, where they discussed the current state of reforms to the Ukrainian economy, the preparation for large-scale privatization as well as the process for Ukraine's economic recovery.

In late March, the Ukrainian government approved a list of facilities subject to privatization, putting up for sale predominantly energy-related enterprises. The list includes the peat concern UkrTorf, power generating company Centrenergo, a number of heat power stations and regional energy companies.

Ukraine is currently facing a deep economic crisis and is on the brink of a default.

In March, the International Monetary Fund (IMF) agreed on a four-year financial assistance package for Ukraine. The IMF allocated $17.5-billion to bail out Ukraine in exchange for Kiev's commitment to pursue deep political, social and financial reforms.

In total, Ukraine is set to receive around $40 billion in an IMF-led international bailout in the four coming years to avert a financial collapse.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала