Friday, July 4, 2008

AUDIT REPORT FOR BOSNIAN STATE INSTITUTIONS PRESENTED

SARAJEVO, Bosnia (July 4,2008) - Out of 57 Bosnian government institutions in which audit was conducted in 2007, only 11 were issued with a positive report by the Bosnian State Audit Office. Although none of these got a negative report, one or more irregularities were reported for 46 state institutions.

The Public Procurement Act is by far the most breached - by 35 state institutions.

Situation is said to be worst at the ministries of foreign affairs and inance. The least progress was shown by the ministry of defense, which implemented 118 out of 221 recommendations given in 2006.

"Overall, an increased financial discipline is seen at all Bosnian state institutions," head auditor Marinko Sego stated.
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