The Bill (Reg. No.2330) defines basic priorities of privatization in Years 2008-2012, namely: enhancement of public property structure in industrial sector; attraction of customers who are interested in long-term development of enterprises, etc.
Pursuant to the Bill, "privatization in Years 2008-2012 will embrace the objects, further stay of which in public property is no longer efficient and requires substantial extra expenses for their upkeep and development of their production facilities. Thus, the said objects include loss-making enterprises; minor blocks of shares that fail to exercise decisive governmental influence on the activity of such enterprises; objects of ongoing construction that can not be completed at the budget expense; specially determined objects that are included in financial statements of enterprises, and further stay of which in public property is no longer efficient".
The Bill includes regulations concerning use of privatization methods, enhancement of sale mechanism through the employment of competitive methods of privatization (auctions, tenders with competitive bidding), etc.
The Programme envisages a system of events regarding financial and information support of its realization.