KUCHMA TRIES TO SPEED PRIVATIZATION.
Publication: Monitor Volume: 1 Issue: 96
President Leonid Kuchma announced plans on Thursday to speed up Ukraine’s stalled privatization plan by temporarily maintaining the state sector in large numbers of companies. Kuchma said the country’s public sector, which accounts for 60 percent of the country’s production, would be divided into
state enterprises and those subject to "corporatization" in which the government would maintain a stake. He said "blindly following Western models" was not appropriate for Ukraine. "I do not share the monetarist slogan ‘the less government the better’. This simply does not suit us. The losses we have sustained during our crisis were to a great extent caused by this."
Russians As Peacekeepers in Bosnia.