During January-August 2023, the state service on property issues provided payment of 111 million AZN to the state budget from privatization and leasing.

 

Work in the field of privatization and leasing of state property continues successfully. During January-August 2023, 40 privatization auctions were held by the State Service on Property Issues. In the auctions, the share packages of 9 joint-stock companies, 13 small state enterprises, 3 unfinished construction sites, and 361 vehicles were privatized. During the 8 months of this year, 195 electronic orders were received for the auctioned state property, and 40 online connections were made through the "Electronic Auction" software to participate in the auctions.

In January-August of the current year, revenues from privatization to the state budget amounted to 89.2 million AZN, which increased 2.3 times compared to the same period last year.

2,161 new lease agreements were concluded by the State Service on Property Issues during January-August of this year. Of these, 541 were non-residential and 1 620 were on land plots.

During the 8 months of this year, the payment of 21.8 million AZN to the state budget was provided from the lease of immovable state property (non-residential and land plots). Income from leases increased 1.3 times compared to the same period last year.

Thus, during January-August 2023, the budget received 111 million AZN from privatization and leasing of state property.