Presidential Decree No. 13746 “On the separation of ownership from state control and the improvement of the privatization of state property”.

This Presidential Decree primarily focuses on the procedures and regulations governing the privatization of state property. It outlines the legal framework established by the Ministry of Finance and Economy, emphasizing the importance of compliance with national legislation during the privatization process. The document aims to facilitate the transfer of state-owned enterprises to private ownership while ensuring that the rights and obligations associated with these properties are clearly defined and adhered to, in accordance with national legislation. The document specifies several key measures related to the valuation and sale of privatized assets. It mandates the inclusion of various financial and technical documents in the valuation process, such as financial statements, asset depreciation records, and reports from specialized groups. Additionally, it outlines the responsibilities of the new owners regarding existing liabilities and the legal obligations they inherit upon acquisition. The document also emphasizes the need for transparency and adherence to established procedures in the privatization process, including the requirement for public disclosure of relevant information. The implementation plan involves the Ministry of Finance and Economy overseeing the privatization process, ensuring compliance with the established legal framework. The document highlights the necessity for collaboration among various governmental bodies and stakeholders to facilitate effective privatization. It also addresses procedural considerations, such as the need for public announcements regarding asset sales and the establishment of clear timelines for the privatization process. Enforcement mechanisms are implied through the requirement for compliance with legal obligations, ensuring that new owners are held accountable for any inherited debts or liabilities.