The Cabinet of Ministers approved a new procedure for the release and sale of material assets of the state reserve
The Cabinet of Ministers of Ukraine approved a new procedure for the release and sale of material assets of the state reserve. About this reported press service of the Ministry of Economy.
The resolution introduces updated mechanisms for the use and sale of stocks stored in the state reserve. According to the document, material assets can be transferred free of charge for strategic needs, humanitarian aid or in other cases, and sold through open electronic auctions in the “Prozorro.Prodazhi” system.
The circle of persons and institutions that have the right to receive such resources, the grounds for their provision, as well as the procedure for holding auctions and determining winners — all these procedures are clearly regulated.
With this decision, the government canceled previous regulatory acts, which no longer correspond to modern legal norms, in particular, Cabinet Resolution No. 1078 of August 25, 2004 regarding the sale of material assets of the state reserve.
“This order is an important step that regulates the issue of the state’s use of its reserves. It makes the process transparent and understandable for society.” Deputy Minister of Economy Vitaliy Kindrativ noted.
The introduced procedure will allow more effective management of state reserves in accordance with the current needs of society, which will contribute to strengthening the overall stability and security of the country.
