KYIV, Oct 1 – The Cabinet of Ministers plans to create the National Welfare Fund, boost return on assets (RoA) of state-owned enterprises (SOE) to 5% in 2024 and inspect entities on five largest markets to reveal abuse of monopoly.
The plans are outlined in the program of the government posted on the website of the Verkhovna Rada.
The Ministry of Economic Development, Trade and Agriculture, in particular, plans to attract more revenues from managing state-owned property thanks the increase of RoA of SOE from 2.1% in 2018 to 5% in 2024 and reducing the state's share of the economy to 5%. In addition, more than a thousand inefficient SOE, according to the government program, will be eliminated.
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