State Property Privatization Causes New Debts in Azerbaijan in 2007

Business Materials 22 October 2007 19:37

Azerbaijan, Baku / Trend corr I. Khalilova / A total of the new debts caused by privatization of state property in Azerbaijan made up AZN 3,645,580 by 1 October, according to the State Committee on State Property Management.

Privatization of small state enterprises, rented non-residential premises and movable property caused AZN 66,380 of debts, investment competitions - AZN 2,362,000.

Sale of land lots under privatized entities made up AZN 1,108,000, money auctions - AZN 109,200.