Azerbaijan’s Chamber of Accounts has recommended reviewing whether state enterprises that have posted no profit for years should be restructured, closed or privatized. The proposal appears in the chamber’s official opinion on the draft 2027 state budget.
The proposal to consider closing or privatising some state enterprises is included in the Chamber of Accounts’ opinion on the draft law on Azerbaijan’s 2027 state budget. Its aim is to ease the burden on the state budget and strengthen financial discipline.
According to the chamber’s assessment, state companies that fail to transfer dividends, along with their subsidiary structures, need to take steps toward restoring their financial health.
The Chamber of Accounts considers it appropriate to review the optimisation, restructuring, liquidation or privatisation of state enterprises that fail to generate income without a valid reason or have remained unprofitable in recent years.
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