Belorussian Government is offering state-owned companies and industrial property for sale. The offer marks the beginning of large-scale privatization initiative, first announced in the Presidential Decree No.7 (dated April 14, 2008) and later followed-up by the Ministerial Council's decision No.990 (dated July 14, 2008), which provided the lists of companies intended for sale within the period of three years - from 2008 to 2010. All in all, according to the lists, 519 state-owned enterprises as well as the shares of 147 open joint stock state-owned companies are set to be sold by the Belorussian government. The authorization to privatize effectively ended the ten-year moratorium on state property sales, announced by President Lukashenko in 1998.

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