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. Last Updated: 07/27/2016

Azeri Privatization Plan

BAKU, Azerbaijan -- Azeri Prime Minister Artur Rasizade said Wednesday the former Soviet republic's delayed privatization program was set to resume early next year.

Privatization virtually ground to a halt this year as a plan to transfer prized state assets to private ownership was never sent to parliament for ratification.

The plan, which had been due to be enacted early this year, was delayed by President Heidar Aliyev's heart operation and squabbling between ministries over details of the plan.