Privatization of assets necessary for Azerbaijan rather than investors, says president

Privatization of assets necessary for Azerbaijan rather than investors, says president
# 12 February 2016 16:36 (UTC +04:00)

The head of state said he believes the current oil price is more attractive to foreign investors.

“Because the privatization of our assets is necessary for us rather than investors. Of course, we are meant to find a balance in this area so that the government as well as investors could take their shares. In this case, we are facing the issues of vital economic reforms, improvement of business atmosphere, continuation of privatization, and reduction of dependence on oil,” he stressed.

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