December 14, Ukrainian President Petro Poroshenko speaking at the 16th session of the National Council of Reforms emphasized that the Verkhovna Rada needs to unblock the issue of privatization of state enterprises, Joinfo.ua reports with reference to the AP press service.
The Parliament should define not only the list, but also the mechanism of privatization. “A huge number of state enterprises is a factor that increases the risk of corruption. State shouldn’t be involved in business. State should collect taxes and manage the budget ensuring the most efficient use of funds paid by taxpayers,” the President said.
The President noted that the list of state enterprises should be reduced. The majority of about 1800 state enterprises only bring losses to Ukraine because of their inefficient management. They are deprived of an opportunity to receive investments and credits, modernize equipment. It means that they are not competitive. They shouldn’t be a burden for the state and taxpayers.
The President also said that “political forces cannot have quotas for the appointment of management. We must be guided solely by the professionalism of managers.”
“In conditions of qualitative corporate management, absence of political interference, separation of functions of the government as shareholder and regulator and restriction of state presence in the economy, state enterprises will be able to work efficiently and bring benefits to citizens and the state,” Petro Poroshenko stressed.
“Transparency and elimination of any obstacles to the participation of any major supplier of the world is what the country needs today,” the President said.