ArmInfo.The draft law on Approval of the Annual Report on the Implementation of the State Property Privatization Program for 2017-2020 for 2024 received a positive conclusion from the parliamentary commission on economic issues on September 2.
As Chairman of the State Property Management Committee Arnak Avetisyan stated while presenting the draft law, during the reporting period, the Government made decisions on the privatization of state shares of 2 companies, of which the state shares of 1 company were privatized through direct sale.
At the same time, the closed joint-stock company Airport of Emergency Situations was excluded from the Ministry of Emergency Situations of the Republic of Armenia> program and transferred for liquidation.
During the reporting period, the funds received from privatization amounted to 321 million drams, of which 226 million drams were directed to the state budget, and the rest to the community budgets.
Arnak Avetisyan also presented a report on the fulfillment of obligations assumed under privatization agreements. As a result of privatization transactions, 4 buyers fulfilled their profile maintenance obligations assumed during 2024, and 1 buyer initiated legal proceedings due to failure to fulfill the obligations assumed under the agreement. Due to the failure of 1 buyer to fulfill the profile maintenance obligation assumed under the agreement, a fine of 30 million drams was imposed. Legal proceedings were initiated to collect this amount.
No liquidation process of companies was carried out during the reporting period.
The bill will be included in the agenda of the upcoming regular sessions of the National Assembly.
