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In September, state budget gained 15.6 million manats from privatization

In September this year, just 35 vehicles worth several thousand manats were sold at three auctions. This notwithstanding, the State Property Service announced today that the state budget gained 15.6 million manats for the month.

 

According to the SPS, over the first nine months of this year there was sold shares at auction as follws: – 14 joint–stock companies, small enterprises and facilities – 11, unfinished facilities – 2, vehicles – 410.

 

In the reviewed period, the state budget gained 53.8 million manats from the privatization of state property, including funds from the privatization of shares of previously sold companies. This is down by 7.3% from the comparable period of 2021

 

Source: Turan News Agency