In brief, News

Saakashvili gets more power to sell off state property

by | Mar 2, 2012

The parliament building in Tbilisi is one of the state's real estate objects up for sale in the near future. (Photo: Interpressnews.)

TBILISI, DFWatch – The Georgian president, Mikheil Saakashvili, have been given even more power to manage the sale of state property.

Parliament has adopted a law which gives the president freedom to set the period of payment for state property when selling real estate through direct sale.

This period was defined as maximum one year, and in the specific cases five years.

But now, the president does no longer have to set a time period for when the buyer must pay for the property.



ads
ads
ads

No Comments, Leave a comment

You must be logged in to post a comment.

Browse our archive by date

August 2017
M T W T F S S
« Jul    
 123456
78910111213
14151617181920
21222324252627
28293031