In January-September of this year, the state budget of Azerbaijan received 122 million manats from the privatization of state property, 10.7% more than in the same period last year.
As FinFly reports, citing the State Service for Property Issues, over the nine months the agency organized 46 auctions. During these, share packages of 7 joint-stock companies, 2 small state enterprises, 1 unfinished construction site, and 804 vehicles were privatized.
During the reporting period, the service signed 3,519 new lease agreements, including 444 for non-residential premises and 3,075 for land plots. The number of agreements increased by 24.5% compared to the same period last year.
Budget revenues from the lease of state property amounted to 43.3 million manats, up 25.5% year-on-year.
Overall, in January-September, the budget received 165.3 million manats from privatization and lease of state property — 14.2% more than in the same period last year.
