Drafting of a bill on state property privatization underway


March 10, Fineko/abc.az. A new draft law on the privatization and transfer of state property for use is being prepared, ABC.AZ informs with reference to Cabinet Ministers’ report for 2020.

The document says that proposals are being prepared for the development of the non-oil sector and the transition to the private sector with the separation of regulatory and commercial functions in state organizations. The adoption of the draft law on public-private partnership, as well as the creation of a State Investment Holding, will also contribute to this work.