KYIV, July 24 – First Deputy Prime Minister Yury Yekhanurov ordered the head of the State Property Fund Oleksandr Bondar to review the work of the managers of enterprises in which the state holds shares, which have not transferred dividends into the budget, the Deputy Prime Minister’s press service announced on Monday.
As the order reads, the purpose is “to take the necessary measures against violators in line with the results of the reviews, up to annulling the contracts with violating companies.”
This year, the SPF must transfer Hr 275 million in revenues from state share packages to the budget.
The SPF transferred around Hr 64 million to the budget in the first half of the year.
In order to meet the plan, at the beginning of the year, the Cabinet issued a directive to enterprises with state shares to pay 50 percent of their profits as dividends to the budget.
In 1999, the state budget received around Hr 40 million in dividends from state share packages.
