ECONOMY

More than 58 million GEL was transferred to the budget in 6 months as a result of of sale of state property

12.08.20 12:55


In the first 6 months of this year, more than GEL 58 million was transferred to the budget from the sale of state property. InterPressNews requested information about the privatization of state property from the National Agency for State Property.

 

The agency noted that, according to the data of the two quarters of 2020, the privatization plan has been fulfilled by 64.6%.

 

From January 1 to July 31, 2020, the amount received from the privatization of state property amounted to 87,567,105.48 GEL, of which GEL 58,246,065.46 was transferred to the state budget. However, as explained in the agency, the rest of the funds were distributed to local budgets.

 

"Also, there is still 10,725,653.03 GEL which is to be transferred in state budget. It will be transferred at the end of the third quarter in accordance with the rules established by law," - said the National Agency for State Property.

 

 

source:IPN 

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