Which person, ministry, or institution has the authority to manage state assets?

The Ministry of Economy and Finance is the state asset management authority with the following responsibilities:

oManage, use, and manage state assets

oPrepare an inventory of state assets

oPromulgate and promote the implementation of legal documents related to state asset management

oReview and provide advice on the management, use, and management of state assets to the Prime Minister

oConduct audits and inspections on state asset management

oPrepare an annual report on the status of state asset management to the Prime Minister

oLead in resolving issues related to abuse of state assets

Source: Law on the Management, Use, and Management of State Assets, excerpted from: Articles 14 and 15

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