Baku, Azerbaijan, Jan. 28
Trend:
Azerbaijan's Finance Ministry expects to receive 100 million manats from state property privatization in 2016, which will be used to cover the budget deficit, said Samir Sharifov, the country's finance minister, at a press conference Jan. 28.
He did not rule out the possibility of attracting more funds from the state property privatization.
"Some 685 small state enterprises and facilities, unfinished buildings, vehicles, 456 land plots, 20 joint stock companies were privatized in 2015," Kerem Hasanov, chairman of the State Property Committee, said earlier.
He also said that 464 non-residential areas and 298 land plots were leased in 2015.
"Five state-owned enterprises were privatized through investment contests," added Hasanov.