Log in
05 August 2015 09:23

Bleyzer Foundation: Naftogaz's privatization to be a positive signal for IMF

KYIV, April 29 /UKRINFORM/. Ukraine's readiness to address the problem of state budget deficit through privatization of NJSC Naftogaz of Ukraine will be welcomed by the International Monetary Fund (IMF), the executive director of Bleyzer Foundation, Oleg Ustenko, told UKRINFORM on Monday.

"In all matters of saving public resources, and it is in this case, it should provide an additional incentive, a signal for the International Monetary Fund in terms of the fact that Ukraine is concerned about the state of the public finances and ready to tackle the problem by radical methods. This is really radical and right path of solution," Ustenko noted.

The expert called the privatization of Naftogaz one of the best solutions to the budget deficit of Ukraine, which could be taken.

According to Ustenko, the immediate consequence of such changes will be the reduction of budget spending, and thus improvement of the fiscal situation in the country.

"The level of Naftogaz deficit today reaches about 2% of GDP. This is a significant amount of the deficit. And in fact, Ukraine has a number of deficits - state budget deficit, as such, the deficit of Naftogaz and also the deficit of the Pension Fund," the expert said.

The economist emphasized that selling companies, formed after the Naftogaz division, means reducing the amount of funding and maintaining stability by the state: "Now it is shifted from the shoulders of all taxpayers of Ukraine to the owners of the company, and it is, above all, saving of public funds."

Experts believes that the state after the privatization will not lose leverage on the gas market: "This is a natural monopoly, the state has always a leverage in the form of the Antimonopoly Committee, which can adjust both tariff policies, and maintain competitive conditions in the market."

АМ

 

 

Also in the news:

Authorization

Latest news


Photo news

« prev next »
  • Ukraine's Air Force commander Serhii Drozdov holds news conference in Kyiv

    Ukraine's Air Force commander Serhii Drozdov holds news conference in Kyiv 

  • Mykolaiv craftsmen reequip U.S. Hummers

    Mykolaiv craftsmen reequip U.S. Hummers 

  • Archaeologists explore Cherniakhiv culture burials near Kharkiv

    Archaeologists explore Cherniakhiv culture burials near Kharkiv 

  • K9 centre situated in Mezhyhiria

    K9 centre situated in Mezhyhiria 

  • Vinnytsia sends another humanitarian cargo to ATO zone

    Vinnytsia sends another humanitarian cargo to ATO zone 

  • Raspberry does well in Ivano-Frankivsk region

    Raspberry does well in Ivano-Frankivsk region 

  • Ukrainian artist makes Putin portrait from shells

    Ukrainian artist makes Putin portrait from shells 

  • PM Arseniy Yatsenyuk pays working visit to Kharkiv

    PM Arseniy Yatsenyuk pays working visit to Kharkiv  

  • Kyivans catch up on summer on shopping mall's roof

    Kyivans catch up on summer on shopping mall's roof 

  • President Poroshenko awards paratroopers

    President Poroshenko awards paratroopers 

  • Kyiv recalls soldiers killed in Afghan War on Paratroopers' Day

    Kyiv recalls soldiers killed in Afghan War on Paratroopers' Day 

  • Ukrainian soldiers in ATO zone

    Ukrainian soldiers in ATO zone 

  • Skydivers compete in Kharkiv

    Skydivers compete in Kharkiv 

  • Ukraine beats Serbia in historical rugby match

    Ukraine beats Serbia in historical rugby match 

  • 	  Ex-Berkut officers face trial in Kyiv

    Ex-Berkut officers face trial in Kyiv 

  • VEDALIFE fest runs in Ukraine's capital

    VEDALIFE fest runs in Ukraine's capital 

  • Mass unrest grips Kharkiv

    Mass unrest grips Kharkiv 

  • PM Arseniy Yatsenyuk attend anti-crisis energy staff meeting

    PM Arseniy Yatsenyuk attend anti-crisis energy staff meeting 

  • 	  Athens: capital of Greece

    Athens: capital of Greece 

  • President Petro Poroshenko gives Ukrainian passports to Gaidar, Fedorin

    President Petro Poroshenko gives Ukrainian passports to Gaidar, Fedorin 

  • More than 2.5 tonnes of illegally obtained amber put on show in Kyiv

    More than 2.5 tonnes of illegally obtained amber put on show in Kyiv 

  • Activists rally in central Kyiv

    Activists rally in central Kyiv 

  • President Poroshenko seals Bill 'On National Police'

    President Poroshenko seals Bill 'On National Police' 

  • Kyiv marks International Solidarity Day with Civil Society in Belarus

    Kyiv marks International Solidarity Day with Civil Society in Belarus 

  • Humanitarian aid from Poland reaches Sievierodonetsk

    Humanitarian aid from Poland reaches Sievierodonetsk 

Partners news