Interfax
November 4

Uzbekistan raised privatization revenue of 33.81 billion sum in January-September 2003, up 20% year-on- year, the state property committee told Interfax.

Revenue from the sale of government stakes in 496 companies and 6,425 pieces of real estate totaled 13.91 billion sum and $20.07 million. Uzbekistan sold shares in 37 companies to foreign investors for $18.83 million and 450 million sum with investment obligations of $22.72 million and 1.7 billion sum.

The country privatized 1,029 companies in January-September 2003, down 12.9% year-on-year. The official exchange rate on November 3 stood at 975.48 sum/$1.

---