ECONOMY


ENTERPRISES REPAID THEIR 1,2 TRILLION ARREARS TO THE GOVERNMENT

The term of debt repayments to the Government for privatizing enterprises is expiring. On the expiration, the enterprises will repay their arrears by other way. It can cause disorder their working regime and impediments for small and medium entrepreneurship development.

According to the Milli Majlis, in order to prevent irregularity in the operation and achieve development of small and medium entrepreneurship, the Ministry of Economic Development and legislative body developed a bill on writing off the arrears and extension of this term. Within short time, this bill will be discussed in one of the plenary sessions of the parliament.

By this day, the enterprises paid off 1,2 trillion manat. There is still 130 billion manat left, which a greater part is meant for Social Security Fund.

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