ECONOMY


748 SMALL ENTERPRISES PRIVATIZED IN JAN-SEPT

In January-September of 2003, department of management and privatization of state property of the ministry of economic development of Azerbaijan issued an executive order on privatization of 748 small enterprises.

As was informed, as a result, to the state budget was transferred 23,8 billion manats. In this period, the above-mentioned Ministry also issued an executive order on privatization of 27 uncompleted objects. Finally, to the state budget was transferred about 2,5 billion manats. For 9 months privatized were land sites of the de-stated enterprises and objects, and the state budget received 5,6 billion manats.

Generally, in the Republic up to date, privatized were 29 thousand small state enterprises and objects, in the result of which the state budget received 390 billion manats, approximately.

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