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. Last Updated: 07/27/2016

Ukraine to Sell Land




KIEV -- The Kiev city administration has decided to put municipal land in the Ukrainian capital on sale, officials said Monday.


Ukraine, with its half-hearted reforms since the Soviet collapse in 1991, has failed to introduce free sale of farm land, considered to be a major indicator of economic change. Such a move is widely opposed by the mostly leftist parliament.


But in January, President Leonid Kuchma used his additional powers to issue a decree allowing the sale of municipal land not being used for farming.