Viktor Yanukovych signed the state privatization program for 2012-2014. The press service of the State Property Fund (SPF) of Ukraine reported.

"The law is designed to help optimize the proportion of the public sector in the market, improve the economy and strengthen its competitiveness", - the SPF statement reads.

The expected volume of revenues to the state budget from privatization and state property management is determined at UAH 50-70 billion (1 USD - 7.99 UAH).