State Committee for the State Property management offers new suggestion to evaluate the privatized State Property

Business Materials 29 March 2006 12:12 (UTC +04:00)

State Committee for the State Property management has offered new legislative projects to bring the privatized State Property in accordance with the market prices, Trend reports.

The documents are already prepared and submitted to the Cabinet of Ministers for revisal. They will be later submitted to the Head of the State.

The major innovative part in the project is that the entities price will be equaled to existing financial, business and market positions at the auctions. The real market price would be the major consideration in evaluating the property. State stocks prices and shares of the entities working in the lucrative areas will be evaluated in accordance with the world practice using special evaluating methods.

All these measures will increase the state budget incomes.