The Government of its decision approved new three-year privatization plan
Tsigankov: How ambitious you are presented the plans of privatization? Whether such privatization would Significant additions to the budget?
Zheliba: Plans may have scale. But the fact that they were never fulfilled. If this venture middling, already had a bad experience — they were put up for sale, but there were no buyers. Who will buy who have money today? I think that if a demand will be, the most famous, large enterprises.
After all, our enterprise mediocre, which are featured in these plans are not very attractive, bearing in mind their financial condition, earnings, profitability, and so on. So I do not think the government will be able to execute their plans.
Tsigankov: As for the biggest companies, they are only included in the plan to turn the republican unitary enterprises into joint stock companies in the
Zheliba: I agree with you, now the currency is very much needed, and as you know, part of the proceeds from the privatization goes into the budget. The current state should force our government to speed up these processes. But as it would be in reality, I do not know. I am not an optimist here.
Tsigankov: A three-year plan of privatization in Belarus
Zheliba: This set of reasons. And the leadership of the unprepared, and bureaucracy is very strong. Second, in the case of large enterprises, the power exhibited a number of social conditions which must fulfill the potential buyer. And it repelled customers. And the prices were too high. I think you have to reduce the social conditions that make the process easier and more privatization to meet buyers.