Transparency International Ukraine, together with key stakeholders, has held an expert discussion “Transparent privatization and leasing: how to ensure optimal legislative solutions?”

Dmytro Sennychenko, head of the State Property Fund of Ukraine, Oleksii Sobolev, director of the Prozorro.Sale enterprise, MP Oleksii Movchan, and Andrii Borovyk, executive director of TI Ukraine, attended the event. Representatives of the Reforms Delivery Office of the Cabinet of Ministers of Ukraine and the Centre for Economic Strategy took part as well.

The State Property Fund is under unprecedented pressure, since we are talking about business interests not even for millions, but billions of hryvnias. However, transparent competitive privatization is the key to reducing corruption in the public sector of the economy. And we must do everything possible to ensure that the SPFU has all the legal tools to achieve socially important goals,Andrii Borovyk, executive director of TI Ukraine, is convinced.

Currently, the Verkhovna Rada is considering 4 draft laws from the “privatization package” at various stages. They concern changes in the work of the State Property Fund, writing-off of the accumulated tax debt of state and municipal enterprises, distribution of proceeds to the state and local budgets from privatization, and establishment of administrative liability in the field of property management.

The participants of the discussion quite fruitfully discussed the trigger issues in each of the draft laws, and more importantly, voiced the main challenges in the sphere and how to work with them.

Our task as a representative office of an international anti-corruption organization is to monitor legislative initiatives in important areas, analyze them through the prism of corruption risks, develop qualitative changes, and promote their implementation. That’s why we’re here,” stated Khrystyna Zelinska, head of the public property management department.

For more information about the conclusions regarding the draft laws, see Khrystyna Zelinska’s column for “Legal newspaper.”

This event was made possible by the financial support of Sweden.

The State Property Fund is under unprecedented pressure, since we are talking about business interests not even for millions, but billions of hryvnias. However, transparent competitive privatization is the key to reducing corruption in the public sector of the economy. And we must do everything possible to ensure that the SPFU has all the legal tools to achieve socially important goals.

Andrii Borovyk