Public property management and privatization inflow to state budget more than doubles

Chief of the committee Karam Hasanov has talked about the measures taken in the sphere of privatization and management of state property.

The committee chief noted that payments for privatization have increased by 2.5 times compared to the same period last year.

Over 400 small enterprises and establishments and 90 land areas were privatized within this period. Moreover, 23 stock companies have established, up 4 times from the same period last year.

Necessary measures have been taken in order to implement Azerbaijani president's August 23, 2006 executive decree on privatization of establishments in the sphere of health, education, sport and culture.

The official noted that the balance reports and inventory acts have been analyzed. APA-Economics