Highlight: Public procurement
Public procurement legislation was revamped four times since 2008 and amended over seventy times. The goal of all four revisions was increasing efficiency of public sector spending, widely known for high level of corruption. According to the estimates of the Ministry of Economic Development and Trade losses from corruption and low competitiveness in the public procurement reached near 20% of procurement spending in 2014.
View the contents of the new issue of MEMU No.4 (186)