Revenues to Ukraine’s state budget from assets under ARMA’s management in January–July 2026 amounted to only 210 million UAH, compared to 1.3 billion UAH for the same period in 2025, said Pavlo Velykorechanyn, an expert with the Verkhovna Rada’s Anti-Corruption Committee and former deputy head of ARMA, in an exclusive interview with the “Interfax-Ukraine” news agency.
Thus, revenue has fallen by more than six times.
For comparison, according to Velykorechanyn, 7.5 billion hryvnias were transferred to the state budget in 2023, in part due to major cases involving special confiscation.
He noted that the current 210 million hryvnias is largely the result of managing assets transferred to ARMA back in 2024–2025. A significant portion of the revenue is linked to payments from Naftogaz.
According to Velykorechanyn’s assessment, there are currently virtually no new economically attractive assets in the agency’s portfolio. Furthermore, regarding certain properties, the results of tenders to select managers are being annulled, after which courts rule such decisions unlawful, forcing the state to fund property appraisals again.
He identified the length of the procedure for transferring assets to management as a separate problem. While the property remains without a manager, the state is forced to bear the costs of its security and maintenance, while the asset may physically deteriorate or lose value.
asset, BUDGET, MANAGEMENT, REVENUE, АРМА, Великоречанин
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