The Institutionality and Justice Foundation (Finjus) has sounded the alarm about the inefficiencies of Law 340-06 on Public Procurement, which has been in effect for 18 years. The organization argues that the law has proven incapable of effectively regulating, guiding, and ensuring transparency in the use of public resources for the central government’s objectives.
Finjus supports the proposed amendments to the Public Procurement Law currently being considered by the Chamber of Deputies. Public procurement, the organization emphasizes, offers several mechanisms to prevent corruption.
The law originally was passed with procedures for effective combatting of corruption, including global best practice clauses. Nevertheless, shortly after its passing, legislators approved amendments that weakened the application of the law as originally conceived. The ruling Modern Revolutionary Party...
Continue reading...
Last edited by a moderator: