UKRAINE’S PRIVATIZATION REVENUES FAR BELOW EXPECTATIONS.

The Ukrainian parliament’s budget commission chairman, Mykola Azariv, told an audience in Donetsk that state revenues from privatization in the first ten months of 1995 amounted to just 2 trillion karbovantsi, dramatically short of the 90 trillion that had been expected. Azariv blamed the State Property Fund for lack of control over the privatization process. (6)

Azeri Pipeline Raises $2 Billion.