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Ekonomia

Government extends the term of privatization bonds, will be used for legalizations and properties until 2023, here are the details

Government extends the term of privatization bonds, will be used for

The government has decided to extend the term of the privatization bonds. Now every possessor has the right to use them until 2023, either in auctions for state buildings, but also in the payment of the bill for the legalization of housing. The report that accompanies the draft submitted to the Assembly states that the initiative came from the State Advocacy where first lists the resolution of cases when the Albanian state has the obligation to return privatization bonds in the implementation of court decisions. The change that is proposed to be made in law no. 7918, dated 13.4.1995, "On the approval with amendments of decree no. 1030, dated 23.2.1995," On the issuance and distribution of privatization bonds (privatization money) ", and decree no.1049, dated 27.3.1995, "On some additions to decree no.1030, dated 23.2.1995", as amended,

Use by former owners

Another form where the obligation can be paid through bonds is by former owners. The former owners have the right to buy a building built on their land, before the government puts it up for auction. This change will also serve in the privatization process with the right of pre-emption for the former owners of the land, as well as the entities that have objects with lease or emphyteusis contracts, as well as in the process of legalization of informal constructions through ACA. Currently in the free market privatization bonds are traded at 6 to 10 percent of their value, depending on the requirements for the legalization of informal settlements or auctions published by the government. "Since the process of privatization of state property still does not include a significant number of facilities, mainly under the administration of the Ministry of Defense, The Ministry of Interior, the Ministry of Agriculture and Rural Development or local government bodies, etc., as well as judging that many of these facilities are located in the properties of former owners known or returned with decisions on restitution and compensation of property, we think that the facilities for the former owners can continue, liquidating a part of the value of these objects in case of pre-purchase with privatization bonds (privatization money). This draft law is in accordance with the domestic legal order. The Ministry of Finance and Economy and the Ministry of Infrastructure and Energy are in charge of the implementation and enforcement of this law. The draft law has been drafted and proposed by the Ministry of Finance and Economy ", it is said in the report. Ministry of Agriculture and Rural Development or local government bodies, etc., as well as judging that many of these facilities are located in the properties of former owners known or returned with decisions on restitution and compensation of property, we think they can continue facilities for the former owners, liquidating a part of the value of these objects in case of pre-purchase with privatization bonds (privatization money). This draft law is in accordance with the domestic legal order. The Ministry of Finance and Economy and the Ministry of Infrastructure and Energy are in charge of the implementation and enforcement of this law. The draft law has been drafted and proposed by the Ministry of Finance and Economy ", it is said in the report. Ministry of Agriculture and Rural Development or local government bodies, etc., as well as judging that many of these facilities are located in the properties of former owners known or returned with decisions to return and compensate property, we think they can continue facilities for the former owners, liquidating a part of the value of these objects in case of pre-purchase with privatization bonds (privatization money). This draft law is in accordance with the domestic legal order. The Ministry of Finance and Economy and the Ministry of Infrastructure and Energy are in charge of the implementation and enforcement of this law. The draft law has been drafted and proposed by the Ministry of Finance and Economy ", it is said in the report. as well as judging that many of these objects are located in the properties of former owners known or returned with property restitution and compensation decisions, we think that the facilities for the former owners can continue, liquidating a part of the value of these objects in case of pre-purchase with privatization bonds (privatization ALL). This draft law is in accordance with the domestic legal order. The Ministry of Finance and Economy and the Ministry of Infrastructure and Energy are in charge of the implementation and enforcement of this law. The draft law has been drafted and proposed by the Ministry of Finance and Economy ", it is said in the report. as well as judging that many of these objects are located in the properties of former owners known or returned with property restitution and compensation decisions, we think that the facilities for the former owners can continue, liquidating a part of the value of these objects in case of pre-purchase with privatization bonds (privatization ALL). This draft law is in accordance with the domestic legal order. The Ministry of Finance and Economy and the Ministry of Infrastructure and Energy are in charge of the implementation and enforcement of this law. The draft law has been drafted and proposed by the Ministry of Finance and Economy ", it is said in the report. This draft law is in accordance with the domestic legal order. The Ministry of Finance and Economy and the Ministry of Infrastructure and Energy are in charge of the implementation and enforcement of this law. The draft law has been drafted and proposed by the Ministry of Finance and Economy ", it is said in the report. This draft law is in accordance with the domestic legal order. The Ministry of Finance and Economy and the Ministry of Infrastructure and Energy are in charge of the implementation and enforcement of this law. The draft law has been drafted and proposed by the Ministry of Finance and Economy ", it is said in the report.