Ukrainian Law Blog
Freedom means the supremacy of human rights everywhere
Monday, January 15, 2018
Unfulfilled budget lines – Privatisation
One of the trademarks of recent years has been the overly optimistic expectations of the Ukrainian leadership in relation to privatising State Owned Enterprises (SOEs) that have historically been grant and subsidy black holes, mismanaged, wasteful and overly bureaucratic, often hindered by minority shareholding oligarchs, or with supply chains overflowing with oligarch companies, many adding no value but rather acting as a siphon to extract funds.
A recipe for rampant corruption of course.
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