The state-owned companies are to transfer 28 million lei deductions from the net profit made in 2017 to the state budget. The dividends on shares held by the state in joint stock companies this year are expected to total 69.8 million lei, IPN reports.

Besides, the 2018 state budget will also include other revenues from the property owned by the state, such as leasing out of natural resources, equipment and non-agricultural land and interest on budgetary accounts.

Thus, the revenues from property this year will come to 376.4 million lei, up 62.3 million lei on a year before.

In 2017, for the results achieved in 2016, the companies in which the state owns shares transferred 121.8 million lei dividends to the budget, while the deductions of state-owned companies amounted to 41.5 million lei.

In Moldova, there are 240 state-owned companies and 95 joint stock companies in which the state owns shares (holdings of over 50% in 69 of these). As many as 28 state-owned companies and 36 joint-stock companies are in the process of liquidation, reorganization or insolvency.