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.