By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Bosnia-Herzegovina loses 500 million BAM annually in Public Procurement Procedures
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > Bosnia-Herzegovina loses 500 million BAM annually in Public Procurement Procedures
BUSINESS

Bosnia-Herzegovina loses 500 million BAM annually in Public Procurement Procedures

Published: February 7, 2020
Share
SHARE

 

Public procurement procedures in Bosnia-Herzegovina are not transparent; they unfairly treat and discriminate against participants in the process, do not encourage active and fair competition, and are inefficient and uneconomic, show the main findings of the project “Make Public Procurement Truly Public” presented on Friday in Sarajevo.

Mervan Mirascija from the Open Society Fund stated at a press conference that Bosnia-Herzegovina loses huge amounts of public funds annually through public procurement procedures, estimated at between four and five hundred million BAM.

He stated that the violation of the Law on Public Procurement repeats at all stages of the procedure, and that the law is violated by contracting authorities at all levels of government.

“There is great distrust of economic entities, that is, tender applicants in the public procurement system and cartelization of the public procurement market is noticeable,” said Mirascija.

Mirascija added that in 2020, the focus of public procurement monitoring will be on purposefulness, due to the fact that it is an election year.

“It is indicative that public procurement budgets grow by more than 50 percent in election years,” said Mirascija, Fena reports.

 

Agreement between BiH and Montenegro on Seasonal Workers soon?
Over 104 Thousand Company Accounts were blocked in BiH
Successful Story with 1,500 Employees: 20 Years of Amko Komerc
Analysis: Will the Credit Rating of BiH increase in near Future?
Tuzla Municipality is One of Central Locations for Implementation of Project GOLD
TAGGED:#BiH#tender#transparencyprocedures
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Palmer condemned Proposal of Bosnian Politician on US Blacklist for Anti-Corruption Commission
Next Article Bosnia-Herzegovina will be the Focus of a Western Kentucky University gallery Talk and Reception
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

Zakira Pusina won Gold for Bosnia and Herzegovina
August 26, 2026
FPA: Continuation of investigative activities in the “Donja Jablanica” Case
August 26, 2026
EUFOR Takes to the Skies Over Mostar During Exercise Quick Response 2026
August 26, 2026
The Boljuni Stecci Necropolis Still Hides Many Secrets of the Past
August 26, 2026
The Constitutional Court of the BiH Temporarily Blocks the Decisions on the New Government
August 26, 2026
“I Came from Serbia to Set You Free”: Testimony from the Ukrainian Captivity Leads to the First Indictment against a Citizen of Bosnia
August 26, 2026
How did the new Rules shut down Hundreds of Phantom Parties in BiH?
August 26, 2026
Citizens in Srebrenica live with Water Restrictions
August 26, 2026
UEFA Futsal Champions League arrives in Cazin
August 26, 2026
Kos: EU Enlargement is a Question of the strength of the Union, Candidate Countries must truly choose Europe
August 26, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?