NKR PRESIDENT SIGNED A LAW ON MAKING AMENDMENTS TO A LAW ON APARTMENT FUND’S PRIVATIZATION

DeFacto Agency, Armenia
March 21 2007

March 20 the Nagorno-Karabagh Republic President Arkady Ghoukassian
signed a law on making amendments to the NKR Law "On Privatization
of the Nagorno-Karabagh Republic State and Public Apartment Fund".

DE FACTO got the information at the NKR President’s Press Office.

The Nagorno-Karabagh Republic President Arkady Ghoukassian signed
a law on making amendments to the NKR law on the state and public
housing fund privatization.

According to the information DE FACTO received at the NKR President’s
Administration, in line with the amendments the terms of the housing
privatization had been extended till December 31, 2007.

January 2007 NKR PM Anoushavan Danielian expressed dissatisfaction with
the tempos of the privatization. In this connection the government
has decided to extend the terms of the housing privatization for one
more year.

The law on the privatization of state and public housing fund was
adopted in the Nagorno-Karabagh in June 1996; however, over 530
apartments have not been privatized in the Republic yet.

From: Emil Lazarian | Ararat NewsPress