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Government Decided To Measure Public Property

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  • Government Decided To Measure Public Property

    GOVERNMENT DECIDED TO MEASURE PUBLIC PROPERTY

    KarabakhOpen
    30-01-2008 13:33:34

    It has become known that no inventory of the public property has been
    taken in Karabakh so far. In addition, Prime Minister Ara Harutiunyan
    said during the meeting of government this reduces the effectiveness
    of management of public property.

    On January 29 the government decided to transfer buildings earlier
    used by state non-profit organizations to the Ministry of Economic
    Development. It means that all the non-commerce organizations (except
    schools and others) should transfer their property to the ministry
    of economic development until April 1.

    The minister of economic development B. Babayan says these efforts
    will help find out the volume of public property and how to manage
    it effectively.

    The stocks of the government in privately owned companies and other
    securities will be inventoried as well.

    It is not known whether the government will take action to improve
    the economic activities of major state companies the majority of
    which do not generate profit or are not operating at all.
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