Will the term of privatization bonds be extended?

2024-03-13 09:54:32Biznes SHKRUAR NGA REDAKSIA VOX

Will the term of privatization bonds be extended?

After the deadline for use ended on December 31, 2023, it is proposed that the privatization bonds be used until December 31, 2027. Socialist MP Antoneta Dhima has submitted the amendments to the relevant law in the Assembly. She argues this by creating opportunities for people to use them in several directions.

Currently, a significant number of facilities administered by the Ministry of Defense, the Ministry of the Interior, the Ministry of Agriculture and Rural Development, local government bodies, etc., have not yet been privatized.

Many of these objects are located on the lands of the legal owners, to whom the property was recognized or returned by the decision of the Property Restitution Commission. According to MP Dhima, since the land owners have the right to pre-purchase the buildings that are built on them, this measure will help them to liquidate a part of the value of these buildings with bonds or privatization lek.

Also, employees of joint-stock companies can use bonds and privatization money to purchase shares of these companies. Meanwhile, a significant number of objects or apartments are in the process of legalization, through ALUIZNI, and privatization bonds can be used in this process as well.

In the privatization of state buildings given by lease contract or enphyteosis when these buildings are sold directly to tenants, who can pay up to 80% of the value with bonds or privatization lek.

The distribution of privatization bonds started in 1995 with the aim of privatizing state facilities and properties, while from that year until today the process has gone through delays and postponing the validity of these papers several times. Currently, there is no official data on their use.

But, according to these data referring to the beginning of 2022, a total of 74.9 billion ALL privatization bonds were issued, of which 51.2 billion ALL were distributed to the public.


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