BAKU, Azerbaijan, Jan. 14
By Nazrin Israfilova - Trend:
The revenues worth 112.7 million manat ($66.3 million) were transferred to the state budget through the privatization of state property in 2021, Trend reports with reference to the State Service on Property Issues under the Azerbaijani Ministry of Economy.
According to the State Service, the annual forecast was overfulfilled by 1.6 percent, which is by 51.2 million manat ($30.1 million) more compared to 2020.
Some 59 auctions were held in 2021. Shares in 16 joint-stock companies, 35 small state-owned enterprises, four unfinished facilities and 249 cars were privatized at the auctions.
Moreover, 93 e-orders were accepted in connection with state property facilities put up for auction.
Meanwhile, the investment competitions were held for the sale of state-owned shares and shares of four enterprises in 2021. More than 10 million manat ($5.9 million) were transferred to the state budget.
Investors assumed obligations in the amount of about 18 million manat ($10.6 million) as part of the implementation of investment programs, payment of the debts of enterprises on taxes and social contributions to the state budget.